{"id":648372,"date":"2025-10-01T09:24:53","date_gmt":"2025-10-01T03:54:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=648372"},"modified":"2025-10-01T09:42:27","modified_gmt":"2025-10-01T04:12:27","slug":"reliance-power-to-divest-indonesian-coal-subsidiaries-for-12-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-power-to-divest-indonesian-coal-subsidiaries-for-12-million\/","title":{"rendered":"Reliance Power to divest Indonesian coal subsidiaries for $12 million"},"content":{"rendered":"<p>Reliance Power on Monday said it has signed an agreement to sell its entire stake in five Indonesian coal entities for a total consideration of $12 million. <\/p>\n<p>In a regulatory filing, the company said that its subsidiaries: Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd, have entered into a share purchase agreement with Biotruster (Singapore) Pte. Ltd. for the sale of 100% equity in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Power on Monday said it has signed an agreement to sell its entire stake in five Indonesian coal entities for a total consideration of $12 million. In a regulatory filing, the company said that its subsidiaries: Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd, have entered into a share purchase agreement with Biotruster (Singapore) Pte. Ltd. for the sale of 100% equity in PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-648372","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/648372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=648372"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/648372\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=648372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=648372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=648372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}