Reliance Power May Invest $5 Billion on Coal Mine, Railway in Indonesia

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.