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    coal-investing

    Coal India Agrees to Sign Supply Agreements

    Investing News Network
    Apr. 16, 2012 02:18PM PST
    Industrial Metals Investing

    Reuters reported that Coal India (BSE:533278) said it will sign fuel pacts to meet power demand.

    Reuters reported that Coal India (BSE:533278) said it will sign fuel pacts to meet power demand.

    As quoted in the market news:

    Following intense lobbying by the power sector, the government directed Coal India to guarantee long-term supplies to the power sector, even if it has to resort to imports.

    Click here to read the full Reuters report.

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