Date:28/03/2008 URL: http://www.thehindu.com/2008/03/28/stories/2008032855611900.htm

Business - Briefly

PFC, RITES tie-up to import coal

NEW DELHI: State-run Power Finance Corporation (PFC) on Thursday entered into a strategic tie-up with RITES to import coal from various countries, including Africa, to ease scarcity of the fuel in view of rising demand by power generation utilities.