News: Tata Power eyes Aussie, Indonesian coal mines

(RTR 03/08/2006) Mumbai - Tata Power Co. Ltd is in talks to acquire coal mines in Australia, Indonesia and South Africa to ensure fuel supplies for its 15,000-megawatt capacity expansion, a top official said.

"We want to get into coal and in India the coal sector has not yet been privatised so we are looking overseas," Adi Engineer, a director at Tata Power, told Reuters in an interview on Thursday.

"We are in advanced talks for acquiring at least two mines," he said.