Coal & Oil Group gets Rs. 1.6k cr addl fund for Mutiara.

Dubai-based Coal & Oil Group has received Rs. 1,600 crore additional funding for its 1,200-MW project at Tuticorin in Tamil Nadu.

'Coal & Oil Group has announced that it has secured additional funding of approximately Rs. 1,600 crore to complete its 1,200 MW Independent Power Plant (IPP), presently under construction in Tuticorin, Tamil Nadu,' the company said in a statement recently.


PTI