Delhi-based Indraprastha Power Generation Corporation (IPGCL) and Haryana Power Generation Corporation (HPGCL) have inked a pact in order to form a joint venture company (JVC) to develop a coal block at Singrauli in Madhya Pradesh,
Yamuna Coal Company has been proposed as the name of the joint venture company and it has been decided that the first chairman of the JVC, to be based in Faridabad, will be from IPGCL and the CEO would be from HPGCL.
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