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

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