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NTPC looking stakes in Indonesia coal mines

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NEW DELHI: NTPC Ltd, India's leading power producer, is looking to buy majority stakes in one to two Indonesian coal mines, its chairman said on Monday, reports Reuters.

"We have already appointed three merchant bankers for this and our endeavour is to finalise the stake purchase by the end of this financial year," R.S. Sharma told reporters.
MCX SUGARMKOL EX - KOLHAPUR 20 June 2012 contract was trading at Rs 2910 . What's your view on it?
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