India's Tata Power makes $1.3 billion coal purchase
Mining Engineering, May, 2007 by Anonymous
COAL
Tata Power purchased a 30-percent interest in coal companies owned by Bumi Resources for $1.3 billion.
Tata Power is India's largest nongovernment power company and part of the same group that agreed to buy European steelmaker Corus Group for about $12 billion.
The coal from Indonesia will be used to feed Tata's power plants on ...
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