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    coal-investing

    India Looks At Sovereign Fund for Coal Assets

    Investing News Network
    May. 04, 2012 04:17PM PST
    Industrial Metals Investing

    Reuters reported that the Indian government is considering a fund to help it buy overseas coal assets.

    Reuters reported that the Indian government is considering a fund to help it buy overseas coal assets.

    As quoted in the market news:

    A similar state fund for all energy assets considered last year remains on the backburner amid concerns from the central bank about setting aside part of the country’s dwindling foreign exchange reserves.

    Click here to read the full Reuters report.

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