Mining - Industry – Focus

 

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Indonesian Coal turns attractive for Indian thermal power producers

Indonesian govt. recently liberalized its coal mining legislation, effectively allowing foreign firms to invest directly in their coal mines. This move has facilitated lot of Indian companies, especially majors like NTPC have picked up stake in Indonesian coal blocks. ICVL, a special purpose vehicle promoted by SAIL, Coal India, NTPC, NMDC, RINL have also shown keen interest to pick up stake.

 

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