Tata Power signs option deal to sell 5% in Indonesian coal miner
Tata Power Company Ltd said on Friday it has signed an option deal to sell a 5 percent stake in coal miner PT Kaltim Prima Coal (KPC) to a unit of Indonesian conglomerate Bakrie Group to reduce debt and improve cash flow.
Jul 05, 2014, 01:59 AM ISTTata Power to sell 5% stake in an Indonesian coal company
The company will sell its stake to Indonesian coal firm Bakrie Group entity.
Jul 04, 2014, 21:28 PM IST