Showing posts with label Patel Engg All Se. Show all posts
Showing posts with label Patel Engg All Se. Show all posts

Friday, September 5, 2008

Patel Engg All Set To Acquire Indonesian Coal Mine - Sep 5, 2008

Patel Engineering (PEL) is all set to acquiring a mid-sized coal mine in Indonesia for Rs 100 crore. The mine will be used for PEL''s proposed 1,200-mw power plant in Gujarat. PEL is setting up thermal power plant in Bhavnagar in Gujarat with a proposed investment of Rs 5,000 crore. The electricity generated will be sold to power traders, captive consumers and state governments.