NTPC shortlists two coal firms from Indonesia for JV


The state-run National Thermal Power Corporation (NTPC) has shortlisted two Indonesian Companies, Persada Investama and Sugico Graha, for coal mining. The corporation proposes to participate in the forthcoming bidding process for the coastal ultra mega power projects (UMPP) based on its proposed agreement with these Companies.
According to sources, NTPC and Indonesian coal Companies can jointly [...]