Adani-Torrent to 50:50 share in GMDC's Naini coal block

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The Gujarat government has allotted Gujarat Mineral Development Corporation's (GMDC) Naini coal block in Orissa, to Adani and Torrent groups, a top company official has said.

Both Guajarat-based companies will have 50 per cent share each in the block, which was awarded to the state-run GMDC by the government of India in 2006.

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http://www.business-standard.com/india/news/adani-torrent-to-5050-share-in-gmdcs-naini-coal-block/56319/on
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Publication Date: 
09/03/2009