Tag Archives: radhika jananta raya

coal mining: GMR to sell 30% in Indonesia mine co for over $420 million – Blue Barrows

PT Golden Energy Mines Tbk (PT GEMS), a step-down subsidiary of GMR Power and Urban Infra Limited, stated on Wednesday that it has entered into definitive agreements to sell PT Radhika Jananta Raya a 30% ownership investment in exchange for USD 420 million and deferred consideration. In Indonesia, five coal mining concession areas are owned […]