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Tata JV, JSPL get blocks for $18-bn CTL project

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Press Trust Of India New Delhi

The government is understood to have awarded a coal block each to Tata Sons-Sasol joint venture and Jindal Steel and Power for converting coal to liquid petroleum, entailing an investment of $18 billion.

The two projects would result in production of 1,60,000 barrels of crude oil a day. The companies would soon be awarded prospecting licences for the two coal blocks, a senior official in the coal ministry said.

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First Published: Mar 04 2009 | 12:36 AM IST

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