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GVK NATURAL RESOURCES
Indian banks win UK High Court challenge over unpaid loans by Singapore's GVKIn a significant legal victory, six Indian banks have successfully won a court ruling in the London High Court against GVK Coal Developers ...- Indian banks pursue unpaid loans by Singapore's GVK in UK courtSix Indian banks are pursuing unpaid loans amounting to an estimated $2 billion, including interest, from GVK Coal Developers (Singapore) a...
- GVK Power acquires Australia's Hancock Coal for $1.26 billion, plans to invest $10 billion moreGVK 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...
- Bharat Aluminium bags Chotia mine in ChhattisgarhThe mine has extractable reserves of 2.8 million tonnes per annum and was previously owned by Madhya Pradesh State Mining Corp.
- Coal auction to benefit poor states: Coal Secretary Anil SwarupThe mines on sale today are Amelia (North) mine in MP (power sector), Ardhagram mine in West Bengal and Chotia mine in Chhattisgarh --- non...
- Inter-ministerial group to meet next week to review BGs of 61 coal blocksThe Coal Ministry had in February decided to deallocate around 30 coal blocks of companies like JSPL, AreclorMittal and Sterlite Energy
- Inter-ministerial group on coal blocks to meet tomorrow to review bank guarantees of 61 coal blocksThe meeting of inter-ministerial group on coal blocks to look into the issue of bank guarantees related to 61 mines allocated to firms.
- Inter Ministerial Group to meet next week to review BGs of 61 coal blocksThe panel also reviewed 10 coal blocks of companies including JSPL, Tata Steel and JSW Steel and gave them 8-9 months to obtain stage II fo...
- GVK Hancock, Aurizon to jointly develop rail line, coal terminal at Abbot PointGVK Hancock said it has reached an accord with Australia-based Aurizon to jointly develop a rail line and coal terminal at Abbot Point Port...
- Govt must regulate electricity prices for plants that get free coalThe government must cap the prices at which electricity utilities that have got free coal mines sell power to consumers.
- GVK Power reports Rs 64.30 crore net loss in Q1GVK Power and Infrastructure today reported a consolidated net loss of Rs 64.30 crore for the quarter ended June 30, 2012.
- GVK Power & Infrastructure gets green nod for $10-bn Australia coal, rail projectInfrastructure conglomerate GVK has received environmental clearance from the Queensland government in Australia for its Alpha coal and rai...
- GVK gets environmental approval for alpha coal & rail project at AustraliaThe milestone is a major achievement for GVK and its Alpha Project is now the only Galilee Basin proponent with an approved EIS.
- Process on for environment clearance to Indian companies: Martin FergusonThe process to grant environment clearance to Indian companies that have bought mining assests in Australia is on, Energy Minister Martin F...
- GVK plans to sell 20% in Singapore arm to fund Australian projectsGVK owns 79% in the Alpha (‘Tad’s Corner’) and Alpha West (‘Paul’s Corner’) Coal Projects, located in the Galilee Basin.
- 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
- Coal India may float tenders for abandoned 18 mines in AprilLast fiscal, Coal India received expressions of interest from 12 parties to form 50:50 joint ventures for re-opening the 18 abandoned mines.
- CIL to operationalise 20 million tonnes mine in JharkhandCoal India Ltd, the country's largest coal producer, will operationalise a new underground mine having a reserve of 20 million tonnes in Jh...
- RIL using power companies to fight its gas battle: RNRLRNRL said power companies had got into gas deals with RIL knowing that agreement was subject to outcome of RNRL-RIL case. Gas dispute: Comp...
- $1.49 bn committed in NELP-VIIOver $1.49 billion minimum investment has been committed in oil and gas hunt in 45 blocks, bids for which were received in the latest aucti...
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