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GVK signs deal for 75% land acquisition for Oz rail project

Last Updated: Friday, July 04, 2014, 15:43

Australia's Hancock Coal, owned by GVK Group promoters, has completed negotiations for acquiring 75 percent of the land required for its proposed rail line being developed between its coal mines in Galilee Basin and Abbot Point Coal in Queensland province, the company said.

GVK Hancock to meet court-set conditions to start $10 billion coal project

Last Updated: Tuesday, April 08, 2014, 16:05

GVK Hancock, a joint venture between India`s GVK Power & Infrastructure Ltd and Australian billionaire Gina Rinehart, had already won state and federal government approval for the project in Queensland state`s untapped Galilee Basin.

GVK Hancock names Yeates as CEO

Last Updated: Monday, January 20, 2014, 16:22

Infrastructure major GVK Group Monday said coal mining industry veteran Darren Yeates has been appointed Chief Executive Officer of GVK Hancock, which is executing multi-billion projects in Australia.

India''s GVK gets approval for largest Australian coal mine

Last Updated: Monday, November 04, 2013, 12:50

Australia`s federal government has given a mega Diwali gift to India`s GVK group by approving the gigantic coal mining project in Queensland state in the country`s northeast.

GVK to go slow on oil & gas business

Last Updated: Wednesday, July 24, 2013, 11:24

As per the latest balance sheet of GVK Oil and Gas, the company has employed Rs 173 crore towards capital work in progress.

AERA turns down GVK proposal to hike UDF at Bengaluru airport

Last Updated: Wednesday, July 03, 2013, 10:36

BIAL is currently charging Rs 231.40 and Rs 952.30 for domestic and international departing passengers, respectively.

GVK Hancock inks deal with Australia's Thiess for Alpha project

Last Updated: Thursday, June 06, 2013, 14:13

GVK Group firm GVK Hancock, which is set to develop the USD-10 billion Alpha coal mine in Galilee basin in Australia, has entered into an agreement with leading services contractor Thiess to prepare a 10-year mine plan and budget for the project.

GVK Power & Infrastructure loss widens to Rs 171 crore in Q4

Last Updated: Wednesday, May 15, 2013, 15:59

The flagship firm of Hyderabad-based GVK group had reported a consolidated net loss of Rs 20.88 crore during the corresponding quarter of 2011-12.

Aurizon to buy 51% stake in Hancock Coal Infra

Last Updated: Monday, March 11, 2013, 11:38

Australia's largest rail freight company, Aurizon, will buy 51 percent stake in Hancock Coal Infrastructure, which owns GVK Group's Hancock rail and port projects in Galilee Basin in Queensland, for an undisclosed sum.

MoEF allows GVK to use diesel at Andhra gas-based power plant

Last Updated: Monday, February 18, 2013, 15:12

The panel, whose nod is required for any change in fuel use at power plants, changed its decision in the light of the Oil Ministry's move last month to abolish subsidy for bulk diesel purchasers.

GVK to tie up funds for Australian coal project by Q3 next yr

Last Updated: Wednesday, October 17, 2012, 20:11

In September last year, GVK had acquired 79 percent stake in Alpha Coal and Alpha West projects and a 100 percent stake in the Kevin's Corner project in Queensland from Hancock Prospecting Pty Ltd for about USD 1.26 billion (nearly Rs 6,000 crore).

Aus govt clears terminal for GVK's $10 bn Alpha Coal project

Last Updated: Wednesday, October 10, 2012, 10:45

Australian government on Wednesday approved with strict conditions a coal terminal at a port by India's GVK group that forms part of the USD 10 billion Alpha Coal project in central Queensland.