Coal India is in advanced talks to buy up to 40 per cent stake in Indonesia's Golden Energy Mines in a deal valued at between $750 million and $1 billion. Golden Energy is a coal mining subsidiary of energy firm Dian Swastatika Sentosa, and is estimated to have 400 mt of reserves. Meanwhile, Reliance ADA Group will invest between $5-10 billion in mining infrastructure in Indonesia.
FlashNews:
IndiGo Revises Fuel Charges as ATF Costs Soar
Putting Turbulence Behind IndiGo Appoints Willie Walsh to Drive Future Global Growth
DFCCIL Completes Trial Run on Newly Electrified JNPA-Vaitarna Freight Corridor
Sourav Ganguly, Indian Cricket’s ‘Dada’, Named JAKSON Group’s First Brand Ambassador
RAHSTA Roundtable Sets Agenda for Smarter, Safer Highways
CTS Roundtable Charts Tech-Led Roadmap for Construction
Drone Startup BonV Aero Hails Rangeilunda’s Integrated Drone Testing
India Orders Boost in LPG Output to Safeguard Household Supply
“Entrepreneurial hunger, technology enablement to drive massive growth”
Tata Power Odisha Discoms Empower Women with ‘Nua Arambha’ Careers Initiative
Deepak Gupta Named CMD of GAIL, to Drive Energy Growth
India Is Advancing Growth While Preserving Heritage: Sonowal
ISA and IIT Delhi Partner to Build Global Solar Skills
Solar Service Searches Surge 43% Nationwide, Justdial Data Shows
Centre Clears ₹7.97 Billion Green Hydrogen Jetty at Paradip Port
ONGC Hosts 7th Para Games, Championing Inclusion in India Inc.
India’s Space Sector Secures Cyber Shield with CERT‑In, SIA‑India Guidelines
GAIL Breaks Ground on Sohna R&D Centre to Drive Clean Energy Innovation
Veolia Secures 2 Landmark Mumbai Water Projects to Boost Urban Sustainability
Home » CIL to buy up Indonesian co
CIL to buy up Indonesian co
Power & New and Renewable Energy
June 1, 2011June 1, 2011
Leave a Reply
You must be logged in to post a comment.