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GMR Infrastructure, the Bangalore-based developer of power plant, airports, roads and urban infrastructure, is understood to be closing in on its second coal mine acquisition in Indonesia. The mine is expected to cost close to $150 million and has reserves of close to 200 million tonne.

Devjyot Ghoshal / Kolkata September 13, 2010, 0:57 IST

Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet the country

The group will develop 240-Mw geothermal power project

A consortium of Tata Power, Australian energy major Orion Energy and PT Supraco Indonesia has won the Sorik Marapi geothermal project in the Northern Sumatra region of Indonesia.

The Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is affecting power generation in the state, official sources said.
"The imported coal has reached a port in Gujarat and will reach the state shortly," Madhya Pradesh Power Generating Company Limited (MPPGCL) Chairman cum Managing Director (CMD) RB Agarwal said.

ANIL Ambani-owned Reliance Power has signed a share sale agreement with Indonesia

Becomes fourth Indian firm to buy coal mines in the South-East Asian nation.

The Essar Group has acquired a coal mine in Indonesia to fuel its upcoming thermal power projects. Sources said the acquisition, from an undisclosed local company, was for about Rs 900 crore.