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    coal-investing

    Tata Puts Imported Coal Projects on Hold

    Investing News Network
    Jun. 14, 2012 12:36PM PST
    Industrial Metals Investing

    Reuters reported that Tata Power (BSE:500400) is holding back all of its new imported coal projects.

    Reuters reported that Tata Power (BSE:500400) is holding back all of its new imported coal projects.

    As quoted in the market news:

    Tata Power had put on hold its 2,400 megawatt project in the western state of Maharashtra until it gets more clarity on the regulatory environment in India and coal exporting nations, CFO S. Ramakrishnan told Reuters.

    Click here to read the full Reuters report.

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