Thursday, September 10, 2009

Macquarie help NTPC to acquire coal mine in Indonesia

NTPC Ltd., Asia' s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a
proposed coal mine purchase in Indonesia. Macquarie have already started due diligence.
Indian utilities are seeking thermal coal assets overseas to plug a local shortfall as the country almost doubles generation capacity in the five years to March 2012.

No comments: