• 
• See all for International Business Times
• View Print Version

• Things Are About to Get Much Worse for Energy Firms in Argentina - Interview with Sam Logan
• Crude Oil Futures Gain After China Data
• Australian Northern Iron Miner Receives Sweetened Bid from India’s Aditya, Shares Up

India's JSW Energy, a subsidiary of the JSW Group, is eyeing possible coal mine acquisitions overseas, including Australia, as part of efforts to maintain operations despite a prevailing domestic coal supply shortage.

In a statement over the weekend, the company said it is looking into coal mine assets in Australia, South Africa, Indonesia and Mozambique.

"We aim to increase fuel security to cover our entire requirement. We have been continuously exploring and evaluating various opportunities in the overseas market," Sajjan Jindal, chairman of JSW Energy, said.

Read More on International Business Times

Related Commodities Articles

• 
  Latin American Stocks Sinking Following Weak China PMI Data; Coca-Cola FEMSA Resists Selloff After Record Setting Bond Issue
  5/23/2013 12:04 PM
• 
  UPDATE: CanElson Drilling Announces $25 M Bought Deal Financing; Shares Fall Nearly 4% Near Midday
  5/23/2013 11:49 AM
• 
  UPDATE: Rare Element Given Official Nod for Bear Lodge Project; Shares Recover Slightly, Though Still in the Red
  5/23/2013 11:46 AM