Indian companies to accelerate into the Australian coal resources

Indian companies to accelerate into the Australian coal resources

Indian companies to accelerate into the Australian coal resources 
In recent years, a number of Indian companies have been on the acquisition of Australian coal resources agreement. Following India Adani in August last year invested $ 2.7 billion to buy Australian coal mine power giant LancoInfratech recently invested $ 750 million acquisition of Australian coal assets. India’s three big companies, Essar, Gvk, Lanco jointly funded $ 2 billion tender bid for coal mines in Australia. India’s coal supply and demand gap of up to 81 million tonnes this year, which prompted the Indian companies seeking overseas coal resources in response to fluctuations in coal prices.
the Australian coal resources’s rapid development 
Have been due to the freight advantage, Indonesia is the preferred destination for Indian companies overseas M & A coal mine. TATA electricity companies in 2007 invested $ 1.1 billion acquisition of a 30% stake in two coal mines in Indonesia. But with Indonesia policy tightening, India Company, the investment focus turned to Australia, India Company that Australia’s policies are transparent and continuous. With the continual emergence of mergers and acquisitions, with India and Japan, South Korea, the United States and other traditional investors, become the main source of foreign investment in Australia.
 The coal mill play an important role in the  Indian companies to  accelerate into the Australian coal resources.