CIL to buy up to 40 per cent stake in Golden Energy
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POWER & RENEWABLE ENERGY

CIL to buy up to 40 per cent stake in Golden Energy

01 Jul 2011 1 Min Read CW Team
Coal India (CIL), the world's largest coal miner, is planning to buy up to around 40 per cent stake in Indonesia's Golden Energy Mines in a deal valued at $1 bn. Golden Energy is a coal mining subsidiary of energy and infrastructure firm Dian Swastatika Sentosa and is estimated to have around 400 mn tonne of reserves.

Contact: Coal India Ltd. Tel: 033-2248 8099. Fax: 033-2243 5316. Website: www.coalindia.in

Coal India (CIL), the world's largest coal miner, is planning to buy up to around 40 per cent stake in Indonesia's Golden Energy Mines in a deal valued at $1 bn. Golden Energy is a coal mining subsidiary of energy and infrastructure firm Dian Swastatika Sentosa and is estimated to have around 400 mn tonne of reserves.Contact: Coal India Ltd. Tel: 033-2248 8099. Fax: 033-2243 5316. Website: www.coalindia.in

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