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Bumi Resources

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Tata Power to pay $1.1bn for stake in coal cos

Tata Power will acquire 30% stake in two major Indonesian thermal coal producers owned by PT Bumi Resources Tbk (Bumi) for Rs 4,840 crore ($1.1 billion) giving it access to one of the largest......

REL, Tata Power eye Indonesian coal mine

Reliance Energy Ltd and Tata Power Company are eyeing an equity stake in an Indonesian coal firm -- Bumi Resources -- to meet fuel requirements for their power plants in India.Bumi Resources is......

Tata Power buys 30% in Indonesian firm

Tata Power, the country's largest private utility by sales, announced the acquisition of 30 per cent stake in two coal mining units and a related trading outfit of Indonesia's PT Bumi Resources for......

Tatas to raise $ 600 million for coal mines

India's largest private power utility company - Tata Power Company - is planning to raise $ 600 million to fund its recently acquired coal mines in Indonesia. TPC had acquired 30 percent stake in......

Tata Power buys Indonesian cos' pie

Tata Power said on Wednesday completed acquisition of 30 per cent stakes in Indonesian thermal coal producers -- PT Kaltim Prima Coal and PT Arutmin Indonesia, and other related coal trading......

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