Reliance Power may invest $5 billion to build a railway and develop coal mines in South Sumatra, Yopie Hidayat, a spokesman to Indonesia’s Vice President Boediono, said in Jakarta yesterday. The utility plans to build a 230-kilometer (143 miles) long railway that will link its coal production base in Batang Hari to a port, which it will also build. Reliance plans to develop three coal mines in South Sumatra from where it targets to produce as much as 50 million tons of coal a year within five years.
crackcrack| Company Name | CMP |
|---|---|
| NTPC | 382.95 |
| Tata Power | 403.85 |
| Adani Power | 181.85 |
| Power Grid Corp | 301.00 |
| Torrent Power | 1484.50 |
| View more.. | |
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