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JSPL buys 10% in Gujarat NRE's Oz unit
Jindal Steel and Power Ltd (JSPL), through its Mauritian unit, bought a 10 per cent stake in Gujarat NRE Coke Ltd’s Australian subsidiary, Gujarat NRE Coking Coal (GNM), for around $25 million (Rs 137.5 crore), the company said on Monday. JSPL paid $0.25 per share for 100 million shares of GNM, which was a 48 per cent premium to GNM’s closing price of $0.17 per share on May 25. Apart from
Jindal Steel and Power Ltd (JSPL), through its Mauritian unit, bought a 10 per cent stake in Gujarat NRE Coke Ltd’s Australian subsidiary, Gujarat NRE Coking Coal (GNM), for around $25 million (Rs 137.5 crore), the company said on Monday. JSPL paid $0.25 per share for 100 million shares of GNM, which was a 48 per cent premium to GNM’s closing price of $0.17 per share on May 25. Apart from
Australia passes carbon tax law
Australia’s parliament on Tuesday passed a landmark carbon tax legislation that will force the top 500 polluting companies to pay A$24 per tonne for carbon emissions from July 1 next year.
Australia’s parliament on Tuesday passed a landmark carbon tax legislation that will force the top 500 polluting companies to pay A$24 per tonne for carbon emissions from July 1 next year.
Indian firms line up for mining joint ventures in Australia
High quality coal, good infrastructure, political stability and the ease of doing business has made Australia the preferred coal supplier for India, with many Indian private companies acquiring
Gujarat NRE Mineral plans public issue
Gujarat NRE Mineral Resources Ltd (GNMRL) is set to offer 25 per cent of its equity to the public. The company is the controlling stake holder in India’s largest independent metallurgical coke
Gujarat NRE's expansion plan on track
Gujarat NRE Coke Ltd, the largest independent met coke producer in India, is working towards achieving coking coal production of 2 million tonnes per annum (MTPA) from its Australian mines by this
Gujarat NRE Coke set to begin work on AP project
Gujarat NRE Coke Limited, producer of low-ash metallurgical coke, is all set to begin work on its Rs 800-crore greenfield coke plant at Ativaram village in Nellore district of Andhra Pradesh.
Gujarat NRE Coke Limited, producer of low-ash metallurgical coke, is all set to begin work on its Rs 800-crore greenfield coke plant at Ativaram village in Nellore district of Andhra Pradesh.
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