Universal
Success has plans to become a leading player in the power sector, and
is currently planning a major foray in India's powet sector. Universal
Energy Trading is a Trading Company set up in 1996 dealing in energy
like crude oil and coal.
The
Group owns sufficient coal bloack in Indonesia, China and Mongolia with
large production capacity of high quality low ash coal, hence the group
has made a strategic decision to enter this business sector. The
trading countries for Universal Energy Trading are mainly Indoensia and
China. Trading with 7 million barrel of crude per year equal current
value US$6 billion.
Capcity of about 20,000 MW is proposed to be developed in thress states, probably West Bengal, Maharashtra and Andhra Pradesh
