R-Power to buy more coal mines in Indonesia
Anil Dhirubhai Ambani Group's (ADAG) flagship company Reliance Power, which recently acquired three coal assets with coal reserves of about 2 billion tonnes in the Musi Rawas region of South Sumathra in Indonesia, is close to acquiring more coal mines in the same region. POWER FUEL # Reliance to buy the mines with reserves of 2 billion tonnes on a risk-free production-linked model # Since the mines are located in the South Sumatra region which is closer to India's east coast, shipping time will be cut down by two days