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INDONESIAN COAL ASSET
Will focus on airport business, raise funds through divestment: Madhu Terdal, GMR InfrastructureIf the market improves, we may go for GMR Energy's initial public offer (IPO).- Tata Power signs pact to sell 30% stake in Indonesian firmTata Power today announced sale of its 30 per cent stake in PT Mitratama Perkasa to Indonesia's Bakrie Group for around USD 120 million.
- Tata Power buys 26% in Indonesian coal mine Baramulti Sukses SaranaTata Power Company has acquired 26% stake in Indonesian coal mine BSSR, to ensure fuel security for its upcoming power plants.
- Indonesian tremors spark fears of coal crisis among power companiesA massive earthquake off Indonesia on Wednesday rattled investors and sparked fears of a fresh crisis in coal supplies to the beleaguered d...
- No decision on tariff could make Mundra project an NPA: Tata PowerTata Power has said the flagship 4,000-MW Mundra UMPP could become a "non-performing asset" if no decision is taken on increasing tariffs.
- India to seek 'special status' from Indonesia on coal blocksThe government has said it will seek Indonesia's cooperation for the accord of "special status" to Indian companies in the grant of coal bl...
- India to seek Indonesian coal blocks under 'special status'Against a widening demand-supply gap that is likely to reach 265 MT in the next five years, the govt said it will seek Indonesia's cooperat...
- Coal India gains on overseas mine acquisition buzzCoal India shares today spurted by nearly 7 per cent on reports that the the firm is in advanced stages of talks to acquire stake in an Ind...
- CIL in advanced talks to buy 30pc stake in Indonesian coal assetState-owned Coal India (CIL) is in advanced stages of talks to acquire about 30 per cent stake in an Indonesian coal asset.
- GMR bids for coal mines acquisition in Australia, IndonesiaGMR Infrastructure said it has bid for two coal assets in Australia and Indonesia, aiming to secure raw material needs for its upcoming pow...
- CIL mega IPO steals the show in 2010The spectacular share sale of the world's largest coal miner ahead of Diwali added glitter and spark to the government's fund-raising plans.
- Coal India sets sights on Indonesian minesThe world’s largest coal producer, Coal India, is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines in the islandnation , ...
- 15 i-banks in race to advise Coal India on overseas buysCitigroup, HSBC, Deutsche Bank and Bank of America Merrill Lynch are among the investment banks that are bidding to be advisors for Coal In...
- Adani signs $1.65 bn deal with Indonesia to source coalAdani Enterprises on Wednesday announced a $1.65-bn deal with the Indonesian government and its mining company PT Bukit Asam for setting up...
- Adani signs $1.65 bn deal with Indonesia for sourcing coalAdani Enterprises announces a $1.65 billion deal with the Indonesian govt and PT Bukit Asam for setting up rail and port infrastructure the...
- CIL shortlists Peabody, 11 others for sourcing coalThe world's largest coal producer Coal India is learnt to have shortlisted the US-based Peabody Energy and 11 others as possible partners f...
- Three firms shortlisted for CIL's $ 2bn overseas projectsState-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/Sinarma, for a possibl...
- GMR Energy takes over Indonesian co for $80 mnGMR Energy, a subsidiary of GMR Infrastructure, has acquired 100% stake in Barasentosa Lestari PT, an Indonesian coal mining company, for $...
- Monnet Ispat set sights on Indonesian coIt's not just the Tatas and the Ruias who are stocking up mineral resources overseas. Mid-sized steel companies are also joining the bandwa...
- Tata Power to refinance Indonesian acquisitionsTata Power Company (TPC) on Tuesday announced refinancing of loans worth $850 million taken for funding its acquisition of 30% stake in Ind...
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