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PT BUMI RESOURCES
Aditya Birla Group keen to bid for 10-15% stake in Indonesian coal miner PT BumiAditya Birla group is evaluating the option to bid for about 10-15% of the equity of PT Bumi along with an offtake arrangement.
- Tata Power, Tata Motors plan perpetual bonds to raise $1.5 bn
Hot on the heels of Tata Steel’s proposed issuance of perpetual bonds worth $500 million, two other Tata Group entities are planning to rai...
- Tata Power to refinance $300 mn debt; stock down
Tata Power is negotiating to refinance debt of $270 million, raised to buy assets of Indonesia's PT Bumi Resources, say reports.
- Tata Power to refinance $270m loan raised for PT Bumi assets
The company had purchased 30% stake in 2 coal mines & trading companies of Bumi for $1.1 bn in 2007. The acquisition was then backed by UK'...
- Tata to complete Mundra power project by 2012
Tata Power, which is implementing the 4000 MW Mundra ultra mega power project (UMPP), has said it will exceed the 2012 target by 800 MW.
- No intention to sell stake in Indonesian coal mines: TataPower
Tata Power Company on Monday set to rest speculation that it was trying to sell its stake in two Indonesian coal mines owned by PT Bumi Res...
- Tata Power to add 10,000 MW in next five years
Tata Power has charted out an aggressive growth plan to add 10,000 MW of generation capacity in the next five years.
- Indonesian Adaro's $1.3 bn IPO gets OK for next week
The $1.3 bn initial public offering of PT Adaro Energy Tbk, Indonesia's second-biggest coal miner by output, will go ahead this week after ...
- Tata Power to refinance Indonesian acquisitions
Tata Power Company (TPC) on Tuesday announced refinancing of loans worth $850 million taken for funding its acquisition of 30% stake in Ind...
- Tata Power refinances bridge loan taken for Indonesian buy
The Tata Power Company Ltd has refinanced the bridge loan taken for the acquisition of 30 per cent stakes in Indonesian thermal coal produc...
- Local cos to help Barclays refinance Tata Power loan
The British bank Barclays is roping in Indian lenders to refinance the $950-million bridge loan taken by Tata Power .
- Tata Power may buy vessels, shipping stakes
Tata Power Co says it may buy vessels or stakes in shipping companies to transport coal from Indonesia.
- United Tractors eyes Four Borneo Coal Mines
The company may spend as much as $100 mn on each acquisition, said the finance director at United Tractors.
- TPC to raise $600 m for Indonesian mines
TATA Power Company (TPC), India’s largest private power utility, is planning to raise $600 million to fund its recent acquisition of coal m...
- Tata Power eyes overseas for JV
Tata Power Company is looking to form a joint venture with an overseas electrical equipment manufacturing company just two days after ensur...
- Tata Power buys 30% in 3 Indonesian cos
The co will acquire the stakes in three major Indonesian cos owned by PT Bumi Resources Tbk for Rs 4,840 cr.
- Tatas eye $1-b coal assets in Indonesia
Even as the fate of the mega steel acquisition by Tata Steel hangs in balance, Tata Group is in the process of striking yet another global ...