- Tata Power in talks to buy stake in MEC Coal
Tata Power is in talks to pick about 15% stake in MEC Coal, the Dubai-registered company that owns more than two billion tonnes of coal res...
- NALCO to finalise coal supplier for Indonesian project in February
State-run NALCO is set to finalise a deal with a miner by next month for supply of coal to its $ 3.8 billion aluminium-cum-power project in...
- Coal supply situation has improved post October: BL Bagra, NALCO
Once a stock of 15-20 days consumption is reached, we will consider reopening the ports shutdown in September.
- GVK may finalise deal with Australia's Hancock in two months
GVK Power and Infrastructure may finalise a deal to buy coal mines operated by Australia's Hancock Prospecting in two months.
- International Coal Venture Ltd likely to go slow on buyouts
ICVL, the five-member consortium formed to scout for coal assets overseas, may choose to wait for softening of coal prices before making an...
- ICVL close to buying stake in MEC Coal
According to industry sources, ICVL is looking at 24 per cent stake in the MEC Coal for about USD 200 million.
- GVK forms JV with Leighton Intl; to enter mine operating biz
Hyderabad based GVK Power & Infrastructure has formed a joint venture with Malaysia based Leighton International to enter the mine operatin...
- We are through with land acquisitions: Isaac George, CFO, GVK Power & Infrastructure
In an interview with ET Now, Isaac George, CFO, GVK Power & Infrastructure, talks about the PE funding as well as their IPO and acquisition...
- GVK in talks with MEC Coal to buy coal mine in Indonesia
Both the companies are in advance talks and are working out the valuations for the coal mine, said a source privy to the developments.