Essar, GVK, Lanco in $2-bn race for Hancock Coal

A month after Lanco Infratech made a Rs 3,375-crore acquisition of Griffen Coal Mining in Australia, the race to acquire coal assets Down Under is getting intense, says a report in Business Standard.

February 07, 2011 / 12:11 IST

26 Aug, 2025 12:21

Volume

Todays L/H

The Essar Group, GVK Power and Lanco Infratech are set to individually bid for two flagship mines of Australia-based Hancock Coal, the Business Standard reported. Last month, Lanco Infratech had acquired Australian firm Griffen Coal Mining for Rs 3,375 crore.

The two mines of Hancock Coal

first published: Feb 4, 2011 05:54 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.