SJVN signs JV pact for coal mining

Image
Press Trust of India New Delhi
Last Updated : Jan 08 2015 | 7:00 PM IST
Power PSU SJVN today said it has signed an agreement with six companies to form a joint venture for mining coal from a block in West Bengal.
The coal mined from the Deocha Pachami-Dewanganj Horisingha coal block in West Bengal would be supplied to the 1,320 MW supercritical thermal power project of SJVN Thermal Private Limited at Buxar, Bihar, the PSU informed the BSE in a filing.
"SJVN Ltd has signed a joint venture agreement with six state power generating companies from West Bengal, Bihar, Uttar Pradesh, Punjab, Karnataka and Tamil Nadu for formation of a JV Company for mining coal from Deocha Pachami-Dewanganj Horisingha coal block located in Birbhum district of West Bengal," it said.
Shares of the company closed at Rs 25.05, up 1.42 per cent on the BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 08 2015 | 7:00 PM IST

Next Story