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India readies policy to attract foreign investment in coal mining

Wednesday, October 16, 2019, 8:35 AM

India expects to have formulated a policy within the next two-weeks to attract foreign-investment to its coal mining industry, the country's Coal Minister Pralhad Joshi said. Sources told Reuters last-month that the country planned to invite bids for coal-mining blocks by the end of 2019. It is also creating a coal price index as part of plans to open the sector to outside investment.

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