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PT SARWA SEMBADA KARYA BUMI
- Monnet Ispat close to acquiring coking coal mine in Columbia
Monnet Ispat and Energy today said it is in talks to acquire a coking coal mine in Columbia which may cost it anything between $ 50-75 mn.
- Tata power signs coal supply agreement with Indonesian firm PT Antang Gunung Meratus
Tata Power said it has inked a long term coal supply agreement with Indonesian firm PT Antang Gunung Meratus to secure fuel for its thermal...
Tata Power may build more imported-coal based projectsTata Power may build more projects based on imported coal once the government formulates a firm policy on the sourcing of fuel from oversea...
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.
- Monnet Ispat earmarks Rs 500 cr for acquisitions of mines abroad
The company is scouting for buys in Botswana, South Africa and Mozambique to secure raw materials for its steel and power businesses.
- Monnet Ispat to sell 20% in power arm, raise 1,300 crore
Monnet Ispat plans to raise about Rs 1,300 crore by selling up to 20% stake in its power arm by June next year.
- 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'...
- 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...
- 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 ...