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NTPC ropes in MECON to avail consultancy, management services for coal mines – ETEnergyWorld

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In a statement, NTPC Ltd said, “it has signed a Memorandum of Understanding (MoU) with MECON Ltd for consultancy and project management services for its coal mines. The pact will further help in strengthening the infrastructure facilities at the NTPC coal mines.”
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According to the dealers, many oil companies, mainly BPCL, have been following a ‘ration system’ to reduce losses due to rise in crude oil prices in the global market.
Resources conglomerate Vedanta’s final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under the corporate insolvency and resolution process (CIRP). The auction process, which started on the morning of May 6, ended the next day, the people said.
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