Article: BRIEFING - ASIA MINING - OCT 15, 2009.

An executive briefing on mining for Oct 15, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

COAL INDIA, NTPC TO FORM JV TO DEVELOP COAL MINES

NEW DELHI - Indian state-owned NTPC (BSE:532555) and Coal India would form a 50:50 joint venture to develop coal mines for feeding the power major's Farakka and Kahalgaon thermal projects.

And the Central Mine Planning & Design Institute, a subsidiary of Coal India which provides consulting services in the areas of coal explorations, sources said, may prepare a detailed project report on this.

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