Binani in talks with Indonesia co PT Berau to buy coal mine

  • 22/04/2008

  • Economic Times (New Delhi)

THE Binani Group is learnt to be in advanced negotiations with one of Indonesia's largest coal producers, PT Berau, to acquire a coal mine to feed its growing cement operations in India. The size of the proposed acquisition is estimated to be more than $100 million, according to sources close to the development. PT Berau