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India’s JSW Energy Targeting Australian Coal Mines

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.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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