NEWS
September 5, 2012
India Jindal Steel to use coal for power in Africa after CIC buy
MUMBAI, Sept 5 (Reuters) - India's Jindal Steel & Power Ltd <JNSP.NS> will spend about $100 million over two to three years to develop a coal mine in Botswana that it is acquiring through its purchase of Canada's CIC Energy Corp <ELC.TO>, a company official said on Wednesday.
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