PT KPC is based out of Indonesia and is held 30% by Tata Power through its wholly-owned subsidiary Bhira Investments Pte. Tata Power's mining permit for the Indonesian coal mine PT Kaltim Prima ...
Tata Power's plans to sell its 30 per cent stake in Arutmin mine in Indonesia for close to $500 million to Bakrie Group of Indonesia is delayed due to a crash in coal prices and …
For more than a decade, Chinese companies have spent billions of dollars buying out U.S. and European miners in the Democratic Republic of Congo's cobalt belt—the world's richest source of a...
Shares of Tata Power on Wednesday closed 1.12 per cent higher at Rs 229.50 apiece on the BSE. Source: …
Praveer Sinha, CEO and MD, Tata Power, said, "We are thankful to the Indonesian government for trusting PT KPC through the renewal of our special mining …
The sale of Australia & New Zealand Banking Group Limited 's 39% stake in Indonesia's PT Bank Pan Indonesia Tbk has hit a roadblock after the death of a key member of the family that owns the... | April 8, 2023
Tata Power Company Ltd has signed a revised pact to sell its stake in an Indonesian mine and related trading and infrastructure companies at a price nearly a fifth …
(File) Tata Group's talks to take over bottled-water giant Bisleri International has hit a roadblock. The Tata-Bisleri talks have reportedly stalled as the two sides didn't agree on the valuation of the company. The Tata Group wanted controlling stakes in Bisleri.
Tata Power Company Ltd has signed a revised pact to sell its stake in an Indonesian mine and related trading and infrastructure companies at a price nearly a fifth lower than the original deal. The company has now agreed to sell its 30% stake in PT Arutmin for $246.64 million compared with $390 million earlier, it said in a stock …
Tata Power had sold 5% stake in these mines along with a 30% stake in related power infrastructure companies in July for $250 mn. According to analysts, the remaining 25% …
Synopsis: Tata Power subsidiary PT Kaltim Prima Coal (KPC) has secured a 10-year Special Mining Business Permit in Indonesia for coal. The renewal will also help to ensure a regular supply of coal for its thermal power plants, said the company Tata Power Solar PSU Watch Bureau Published on: 9 Mar, 2022, 2:58 pm
The truth about Indonesia 39 s relationship with King Coal World . 14 Sep 2016 This year Indonesian mining stocks have performed admirably and the mining index itself has climbed over 10 percent As renewable energy gains a cost advantage first over new coal power plant projects and second over existing plants coal plants will likely become …
Tata Power to transfer 75% equity in Indonesian mines to CGPL | Mint Get Mint Premium at just ₹2949 Claim Now! Gainers & Losers Fri Mar 31 2023 15:59:50 Top Gainers Top Losers Reliance...
This is expected to be completed in three or four months, said Sinha. Additionally, Tata Power will receive ₹1,000-1,500 crore from the sale of its 30 per cent stake in the Artumin coal...
Business Today Desk Updated Mar 09, 2022, 4:50 PM IST Shares of Tata Power on Wednesday closed 1.12 per cent higher at Rs 229.50 apiece on the BSE. Tata …
09 Mar 2022 -National PT Kaltim Prima Coal (KPC) granted Special Mining Business Permit for 10 years by the Indonesian Government PT Kaltim Prima based out of Indonesia is held 30% by Tata Power through its wholly-owned subsidiary Bhira Investments Pte Ltd.
PT Kaltim Prima Coal (KPC) has been granted a Special Mining Business Permit (IUPK) by the Investment Minister / Head of the Indonesia Investment Coordinating Board Decree of the Investment Minister / Head of …
Praveer Sinha, CEO and MD, Tata Power, said, "We are thankful to the Indonesian government for trusting PT KPC through the renewal of our special mining business permit for coal. This will...
Tata Power is looking to aggressively expand its global operations and has already made its foray into some key developing segments and markets. Here is a glimpse of its …
T 1. But the disruption of the automotive and transportation sectors may hit a roadblock if automakers and vehicle manufacturers cannot develop a secure supply of the key minerals used to build electric vehicles (EVs), batteries, charging infrastructure, digital interfaces and renewable energy.
Private power producer Tata Power faces concerns over its mining leases in Indonesia, as licences come for medium-term renewal. The company, however, has assured analysts there would be no material impact on its coal profitability. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Tata Power has acquired 26 per cent stake in PT Baramulti Sukses Sarana Tbk (BSSR), Indonesia, through its 100 per cent subsidiary Khopoli Investments Ltd. (Khopoli), and is now a 26 per cent ...
MUMBAI: Tata Power Company has acquired 26% stake in Indonesian coal mine PT Baramulti Sukses Sarana Tbk (BSSR), to ensure fuel security for its upcoming …
Speaking on the renewal of the mining business permit, Dr. Praveer Sinha, CEO & MD, Tata Power said, 'We are thankful to the Indonesian Government for trusting PT KPC through the renewal of our special mining business permit for coal. This will ensure a robust coal supply chain for our imported coal-based thermal plants resulting in the …
BlackRock Real Assets and Abu Dhabi's Mubadala Investment Company have completed the first tranche of their planned INR-40-billion (USD 502.4m/EUR 493.6m) investment in the renewable energy arm of India's Tata Power Co Ltd (BOM:500400).
Roadblock #4: Poor Planning. Planning can be a huge roadblock for projects. Sometimes it's incredibly difficult to get past the planning part of the project because you can't get access to the people who can help you plan. Address by: Try to allow enough time to do adequate planning.
Tata Power said in a official BSE filing statement on Friday that a cyber attack had hit its Information Technology (IT) infrastructure and affected its systems. "Tata Power Company Limited experienced a cyber attack on its IT infrastructure, affecting some of its IT systems," the statement read.
NEW DELHI: The proposed merger of REC with state-owned shadow banking firm Power Finance Corporation has hit a roadblock and is not likely to happen in near future as it would violate Reserve Bank norms on the exposure of non-banking financial companies (NBFCs), according to sources. As per the Reserve Bank of India's (RBI) …
Tata Power has said it has signed a share purchase agreement with Ideal Energy Project (IEPL) to acquire the latter's 540-Mw thermal power plant near Nagpur in Maharashtra for an undisclosed amount. With this acquisition, the company's generation capacity increases to 8,885 Mw.
Mega projects of companies, like Tata Power and Reliance Power, have been hurt after Indonesia's decided to link coal prices to international benchmarks, making the coal from the country almost 150% more expensive. Experts said that an export tax of 25% could lead to a further increase of 55-65 paise per unit in the cost of generation for power.
Tata Power Company (TPCL) plans to buy coal worth some Rs 12,000 crore from its Indonesian miner this financial year, saying the deal will give it the fuel without "interruptions".
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This is a part of the $500 million agreement Tata Power announced on 31 January regarding the sale of 30% stake it held in mining company PT Arutmin …
PT Antang Gunung Meratus (AGM), a 100 per cent subsidiary of the BSSR, and BSSR together own about 1 billion tonnes of coal resources in South and East Kalimantan in Indonesia, Tata Power,...
New Delhi: Tata Power subsidiary PT Kaltim Prima Coal has secured a 10-year Special Mining Business Permit in Indonesia for coal.In a statement released on Wednesday, Tata Power said, "PT Kaltim Prima Coal (KPC) has been granted a Special Mining Business Permit (IUPK) by the Investment Minister / Head of the Indonesia …
MUMBAI: Tata Power Company's much delayed deal to sell its 30per cent stake in PT Arutmin mine in Indonesia to Bakrie Group may finally be concluded, but at …
The sale of the 30 per cent stake in the Arutmin coal mine in Indonesia, which the Bakrie Group agreed to buy in 2014, is still hanging fire, even after Tata Power agreed to lower the...
Updated: 09 Mar 2022, 06:15 PM IST Livemint Tata Power Solar, the renewable energy arm of Mumbai-headquartered Tata Power. (Mint) The permit is granted for an initial period of 10 years,...
Tata Power had, in 2007, bought a 30% stake in Indonesian mining company PT Bumi Resources and its two subsidiaries and also inked long-term contracts for the supply of coal to the Mundra project.