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.
| Company Name | CMP |
|---|---|
| NTPC | 402.25 |
| Tata Power | 430.15 |
| Adani Power | 214.25 |
| Power Grid Corp | 319.00 |
| Torrent Power | 1735.65 |
| View more.. | |
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