GMR Energy through its subsidiary company has acquired 100 per cent ownership interest of PT Barasentosa Lestari (PTBSL), a coal mining company in Indonesia.
In a release issued to the Bombay Stock Exchange, the company said that PT BSL is holding a legal coal mining licence under the Coal Contract of Work issued by the government of Indonesia. The licence provides 30 year mining authorisation over two separate coal blocks in South Sumatra, Indonesia.
