Binani Cement eyes coal blocks in Indonesia

Indian firm Binani Cement, a subsidiary of Binani Industries, is looking to acquire coal blocks in Indonesia to meet its energy requirements, a company official said Thursday as quoted by PTI.

Binani Cement Managing Director of Binani Cement Vinod Juneja said the company was eyeing coal blocks in Indonesia and would be finalised in the next few months.

Juneja said the coal blocks have reserves of around 6 million tonnes per annum.(*)