- GVK Power acquires Australia's Hancock Coal for $1.26 billion, plans to invest $10 billion more
GVK Power said it has agreed to acquire Australia's Hancock Coal for $1.26 billion, in one of the largest overseas acquisitions by an India...
GVK renews talks for stake sales in armsStatutory auditors SR Batliboi & Associates LLP had raised ‘significant doubt’ about the company’s ability to continue as a going concern.
GVK, Lanco trip over Australian coal minesShares of GVK Power and Lanco Infratech fell over 4 per cent in Friday’s trade.
GVK Coal under debt burden of $885 millionGVK Coal Developers, which owns mines in Australia, is burdened with $885 million of debt, according to GVK group's annual report.
GVK wins environmental permit for huge Australian coal mineThe company said that it further plans to meet every environmental condition that has been set by regulatory authorities.
GVK gets environmental nod for second Australian coal mineThe two coal projects together were estimated to create one of the largest thermal coal mining operations globally.
GVK to sell 51% of Hancock’s Coal Infrastructure to AurizonAn over-stretched balance sheet forcing GVK to sell 51% stakes in its key Australian energy assets to rail-freight company Aurizon.
Aurizon to buy 51 per cent stake in Hancock Coal InfraAurizon, will buy 51 per cent stake in Hancock Coal Infrastructure, which owns GVK Group's Hancock rail in Queensland, for an undisclosed s...
- Australian Prime Minister Julia Gillard attacks Queensland government over GVK's coal project
Gillard has lashed out at the Queensland government over its handling of India's GVK Group's huge USD 10 billion Alpha Coal mine project.
Australia halts approval process for GVK's $10 bn coal mineIn a setback to GVK, the Australian government announced halting the environment clearances granted to GVK's $10b coal mine by the Queensla...
- GVK Power & Infrastructure gets green nod for $10-bn Australia coal, rail project
Infrastructure conglomerate GVK has received environmental clearance from the Queensland government in Australia for its Alpha coal and rai...
- GVK looking to offload stake in Australia's Hancock Coal mines
GVK group is looking to sell part of its stake in Hancock coal mines in Australia to raise funds for development of the Australian assets t...
- GVK plans to sell 20% in Singapore arm to fund Australian projects
GVK owns 79% in the Alpha (‘Tad’s Corner’) and Alpha West (‘Paul’s Corner’) Coal Projects, located in the Galilee Basin.
- GVK Power & Infrastructure eyes 7,500 MW thermal power capacity by 2016-17
GVK Power and Infrastructure, the flagship company of Hyderabad-based GVK group, is planning to have 7,500 MW thermal power
- Hancock Deal: GVK Group to invest $6 bn for asset development
GVK Group, which has announced to acquire assets of Hancock Coal in Australia, is likely to invest additional USD 6 billion.
- GVK Power pares gains; Goldman maintains 'Hold'
GVK Power and Infrastructure Ltd pared their morning gains and turned negative after registering a rise of over 7% in trade today
- GVK mounts $2 billion bid for assets of Australia's Hancock Coal
Hancock Coal has short-listed six bidders for the sale of the Kevin’s Corner mine which include Chinese and Japanese power companies apart ...