CIL and NTPC plan JV for plants, private stressed assets: Media report

COAL India Ltd is mulling launching a joint venture (JV) with another power producer NTPC to set up plants at mines that do not have transportation access and acquiring private stressed assets.
The two state-run Maharatna PSUs have held talks and are in the process of finalising terms of the joint venture after which a memorandum of understanding is likely to be signed, a media report has said quoting sources. The proposed joint venture...