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GMR Power and Urban Infra’s arm enters into definitive agreements with PT Radhika Jananta Raya

17 Sep 2022 Evaluate

GMR Power and Urban Infra’s step-down subsidiary -- GMR Coal Resources (GCRPL) has entered into definitive agreements with PT Radhika Jananta Raya, a subsidiary of PT ABM Investama Tbk (ABM), for the divestment of its 30% equity stake in PT Golden Energy Mines Tbk (PT GEMS), upon completion of all customary approvals, GCRPL has received the initial consideration of $420 million.

GMR Power and Urban Infra, a subsidiary of GEPL holds expertise in the sectors of energy, urban infrastructure and transportation.

GMR Power and Urban Share Price

96.74 -0.38 (-0.39%)
17-Aug-2026 16:59 View Price Chart
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