Vedanta Resources Seeks India Coal Acquisitions
Investing News Network - December 7th, 2011
Mineweb reported that Vedanta Resources (LSE:VED) will participate in an upcoming Indian coal auction.
Mineweb reported that Vedanta Resources (LSE:VED) will participate in an upcoming Indian coal auction.
As quoted in the market news:
Officials said coal blocks with over 18,600 million tonnes of reserves are expected to go up for auction soon. The blocks lie in the coal belts of seven states – Chhattisgarh, Jharkhand, Maharashtra, West Bengal, Orissa, Madhya Pradesh and Andhra Pradesh.