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  • GVK-Hancock in pact with Australia firm to haul coal

    Partners GVK Power of India and Hancock Coal of Australia have signed a preliminary deal with a local firm to provide third-party rail hauling services for undeveloped coal projects in Australia's Queensland state, boosting the prospects of their own proposed mine.

  • Singapore GIC in talks to buy stake in GVK arm

    Sovereign wealth fund Government of Singapore Investment Corp (GIC) has begun talks with India's GVK Group to buy a stake in one of its units that owns Australia's Hancock Coal, the Financial Express newspaper reported.

  • Hancock Deal: GVK to invest $6 bn for asset development

    GVK Group, which has announced to acquire assets of Hancock Coal in Australia for USD 1.26 billion, is likely to invest additional USD 6 billion in the first phase of development, a senior company official said.

  • Hancock mines to be primarily funded by equity: GVK Power

    GVK Power acquired a major coal resource and infrastructure development project, Hancock Coal in Australia. Valued at USD 1.26 billion, it is one of the largest overseas acquisitions made by an Indian infrastructure company.

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