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Coal and Oil Group to invest $300 mn to buy ships and acquire coal mine09-JUL-09
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is planning to invest the money to support its customer coal requirements in India and to meet its captive requirement for the upcoming project Rs 4,300 crore power  at Tuticorin.
  
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