Close
world hydrogen WEEK
Experience the Impact and Reach of Fastenex 2025

Tata Power buys 26% stake in BSSR coal mine in Indonesia

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Heat Recovery and Thermal Management in Power Plants

Heat Recovery and Thermal Management in Energy-Intensive Plants The quest...

Grid Scale Energy Storage for Peak Demand and Stability

Grid-Scale Energy Storage and Its Impact on Peak Demand...

Smart Grid Technologies Connecting Industries and Utilities

Smart Grid Technologies: Bridging Process Industries and Utilities The convergence...

Cybersecurity in Industrial Power Systems Today

Cybersecurity in Industrial Power Systems Under the Digital Transformation...

India-based Tata Power has acquired a 26% stake in the Baramulti Suksessarana (BSSR) coal mine in Indonesia for an undisclosed amount to ensure fuel security for its growth prospects.

Tata Power has a prior long term coal supply agreement with Antang Gunung Meratus and also owns 30% equity stake in Kaltim Prima Coal (KPC) and Arutmin Indonesia (AI).

Under the Offtake agreements, Tata Power is entitled to purchase 10 million tonnes of coal every year.

Commenting on the transaction Tata Power managing director Anil Sardana remarked that fuel security is imperative to accelerate the company’s growth.

“Thus, besides entering into coal off-take agreement, we have acquired 26% stake in this coal mine too as its reserves and outlook is very promising.

“This acquisition would aim to support our power generation projects in select geographies, to be developed over next few years,” Sardana added.

Tata power also owns 30% equity stake in Kaltim Prima Coal and Arutmin Indonesia.

 

Latest stories

Related stories

Heat Recovery and Thermal Management in Power Plants

Heat Recovery and Thermal Management in Energy-Intensive Plants The quest...

Grid Scale Energy Storage for Peak Demand and Stability

Grid-Scale Energy Storage and Its Impact on Peak Demand...

Smart Grid Technologies Connecting Industries and Utilities

Smart Grid Technologies: Bridging Process Industries and Utilities The convergence...

Cybersecurity in Industrial Power Systems Today

Cybersecurity in Industrial Power Systems Under the Digital Transformation...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Translate »