Reliance Coal to Invest $5bn in Indonesian Coal Projects

25 January 2011 (Last Updated January 25th, 2011 18:30)

Reliance Power subsidiary Reliance Coal Resources will invest $5bn to develop projects in South Sumatra and Jambi, Indonesia. The funds will be used to develop coal mines and related infrastructure in the provinces. The $3.5bn project in South Sumatra will include a tw

Reliance Power subsidiary Reliance Coal Resources will invest $5bn to develop projects in South Sumatra and Jambi, Indonesia.

The funds will be used to develop coal mines and related infrastructure in the provinces.

The $3.5bn project in South Sumatra will include a two-billion-ton coal mine, a 200km railway line, a port and a 2000MW power project.

The project in Jambi, estimated to cost $1.5bn, will consist of a coal mining unit, a port, railway line and a small power plant.

Coal produced from the mines will be used for Reliance’s 2,000MW project in Indonesia and exported to Reliance’s Krishnapatnam Ultra Mega Power Project in Andhra Pradesh, India.

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