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Tata Power Company Ltd's Khopoli Investments Limited Acquires 26% Stake In PT Baramulti Suksessarana TBK

Thursday, 8 Nov 2012 06:25am EST 

Tata Power Company Ltd announced that it has acquired 26% stake in PT Baramulti Suksessarana TBK (BSSR), Indonesia through its 100% subsidiary Khopoli Investments Limited and is now a 26% shareholder in BSSR. PT Antang Gunung Meratus (AGM), a 100% subsidiary of the BSSR and BSSR together owns approximately 1 billion tonnes of coal resources in South and East Kalimantan in Indonesia. BSSR has listed its shares at the Indonesian stock Exchange. earlier, the Company has signed a long term coal supply agreement with PT Antang Gunung Meratus (AGM). 

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17 Apr 2014