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coal-investing

Govt to decide on idle coal blocks with 82 firms next month

Investing News Network
Dec. 27, 2010 06:15AM PST
Industrial Metals Investing

The Economic Times.com reports that the Indian government has confirmed that next month they will decide upon fate of captive coal blocks lying idle with 82 companies

The Economic Times.com reports that the Indian government has confirmed that next month they will decide upon fate of captive coal blocks lying idle with 82 companies.

The story is quoted as saying:

Enhancing coal production is a priority for the government and we can take the coal blocks back, if they are not developed in a given time-frame,” Jaiswal said

To access the full story, click here.

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