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February 07, 2016 1:29 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Reliance Coal Resources Pvt. Ltd.

Company Overview

Reliance Coal Resources Pvt. Ltd. owns and operates coal mines. The company was incorporated in 2006 and is based in India. Reliance Coal Resources Pvt. Ltd. operates as a subsidiary of Reliance Power Limited.

,  

India

Founded in 2006

Key Executives for Reliance Coal Resources Pvt. Ltd.

Reliance Coal Resources Pvt. Ltd. does not have any Key Executives recorded.

Reliance Coal Resources Pvt. Ltd. Key Developments

Reliance Power To Sell Off Three Indonesian Coal Mines

Reliance Coal Resources Pvt. Ltd. is seeking sale of PT Sugico Pendragon Energy, PT Sriwijaya Bintangtiga Energi and PT Brayan Bintangtiga Energi. Reliance Power Limited (BSE:532939) has decided to sell three coal mines in Indonesia and concentrate on coal mining business in the country to support Prime Minister Narendra Modi''s initiative of 'Make in India. "India has ambitious plans of doubling its coal production from 450 million tonnes to 900 million tonnes. We have also decided to exit the coal business in Indonesia and we hope to complete transactions in the course of this year," Anil Ambani, Chairman of Reliance Power told shareholders at the company's 21st annual general meeting on September 30, 2015. Anil Ambani said the company will be focusing on coal mining business and coal resources business in India.

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