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Tata Power calls off deal with Olympus

India's largest private sector power producer, Tata Power Company, has called off its plan to sell 15 per cent stake in two special purpose vehicles (SPVs) owning coal mines in Indonesia to private......

Essar to buy US coal firm for $550-600 mn

The Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-600 million (Rs 2,500-2,735 crore). Trinity is owned by private equity investment......

Indonesian shock for Indian power plants

India's ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdles if Indonesia, the second largest supplier of thermal coal, goes ahead with plans to......

Calamitous confessions

In the hamlet of Garagaparru, about eight hours' drive towards the Bay of Bengal from the southern Indian city of Hyderabad, a farmer washes his water buffaloes in a muddy canal near a bridge. One......

Power cos scout for Indonesian coal assets

Indian power generation companies are scouting for coal assets in Indonesia after the share prices of major mines there witnessed steep erosion following the global financial turmoil. Leading power......

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Bumi Resources

News for Bumi Resources

Tata Power calls off deal with Olympus

Essar to buy US coal firm for $550-600 mn

Indonesian shock for Indian power plants

Calamitous confessions

Power cos scout for Indonesian coal assets

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