FIPB to scrap power project proposals without fuel linkages
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11/01/1998
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Indian Express (New Delhi)
The Foreign Investment Promotion Board (FIPB) will not take up power project proposals which have failed to tie up fuel linkages. The first casualty of this decision is the 520 MW, Rs 2,500 crore project proposed to be set up by Korba West Power Ltd in Madhya Pradesh.