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GVK COAL MINE
Six Indian banks sue GVK for Rs 12,114 crore: ReportAccording to the report, GVK defaulted on a $1-billion loan and a $35-million letter of credit facility given by banks in 2011, and a $160-...- GVK to soon supply power from its first thermal plant in PunjabThe installed capacity of GVK Group has increased to 2,400 mw from all sources including its first entirely coal-based project at Goindwal ...
- 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.
- Societe Generale pulls out of GVK’s Australian projectThe key focus for our projects, at this point in time, is finalising our approvals and addressing litigious challenges to our attained appr...
- 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 faces October deadline to pay $560 million for Australia coal assetsA senior GVK executive, who spoke on condition he was not named, confirmed the payment is yet to be made and is due next month.
- GVK gets 'Green nod' to import coal from South Africa for Punjab plantGVK is setting up a 2x270 MW Thermal Power Plant at Goindwal Sahib tehsil in Tarn Taran district of Punjab, and both the units have been sy...
- GVK awards Australia coal mine contract to ThiessGVK has on Thursday awarded the mining operations contract of its Alpha thermal coal project to Thiess
- 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 offload minority stake in Australia Coal Mining ProjectThe GVK group that is developing USD 10 billion integrated coal project in Australia is in advanced discussions with investors to sell mino...
- GVK gets final green nod for Australian coal projectGVK Power won environmental approval for its $10.4 bn Alpha coal and rail project in Australia's Queensland, with 19 conditions to protect ...
- 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 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.
- GVK Group's $1.36-billion deal with Australian billionaire Gina Rinehart follows a wave of Indian buys of foreign coal assetsCoal shortage is increasingly impeding Indian power companies from forging ahead with their ambitious plans.
- GVK may finalise deal with Australia's Hancock in two monthsGVK Power and Infrastructure may finalise a deal to buy coal mines operated by Australia's Hancock Prospecting in two months.
- GVK Power to raise $1.2 bn debt for Hancock Assets buy; stock downGVK Power, a unit of infrastructure major GVK Group, is raising $1.2 billion as debt to part fund its acquisition of Hancock mines in Austr...
- GVK bids $2 billion for assets of Australia's Hancock CoalGVK Power & Infrastructure has submitted a preliminary bid for a controlling stake in a coal mine owned by Australian mining giant Hancock ...
- GVK mounts $2 billion bid for assets of Australia's Hancock CoalHancock Coal has short-listed six bidders for the sale of the Kevin’s Corner mine which include Chinese and Japanese power companies apart ...
- GVK forms JV with Leighton Intl; to enter mine operating bizHyderabad based GVK Power & Infrastructure has formed a joint venture with Malaysia based Leighton International to enter the mine operatin...
- GVK in talks with MEC Coal to buy coal mine in IndonesiaBoth the companies are in advance talks and are working out the valuations for the coal mine, said a source privy to the developments.
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