August 15, 2012 1:23 PM

Company in India plans to spend $7 billion on coal from Kentucky, West Virginia

A company in India plans to buy $7 billion worth of coal from Kentucky and West Virginia producers, Gov. Steve Beshear announced Wednesday. The deal is for 25 years and involves India's Abhijeet Group and New Jersey-based FJS Energy LLC buying coal from Kentucky and West Virginia through Kentucky-based affiliates FJSE Marshall Inc. and FJSE River Coal.

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