MSEB plans to set up special purpose vehicle for coal mines in Vidarbha
The Maharashtra State Electricity Board (MSEB) will set up a special purpose vehicle (SPV) for the exploitation of about 40 virgin coal mine blocks with reserves of more than 100 million tonnes from Nagpur, Chandrapur and Bhandara districts in Vidarbha region.

NTPC puts $100m US bond issue on hold
The public sector National Thermal Power Corporation (NTPC) has postponed its maiden $100-million US bond issue on the advice of foreign bank ABN Amro.

JNPT, IOT in pact for berth upgrade
The Jawaharlal Nehru Port Trust (JNPT) has entered into an agreement with the Indian Oiltanking (IOT), a joint venture of Indian Oil Corporation, IBP and the Oil Tanking of Germany, for upgradation of its multi-purpose berth.

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