Australia gives India's GVK coal mine green light
A huge US$6.3 billion Australian coal mine to be built by Indian infrastructure giant GVK was given the green light on Thursday under strict environmental conditions to protect the Great Barrier Reef.
Australia vows to work with India's GVK on mine
Australian Prime Minister Julia Gillard has attacked Queensland officials over their handling of a massive Indian-led US$6.3 billion coal mine project, accusing them of risking investor confidence.
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GVK to cut stakes in Australia coal, rail, port projects
GVK Power & Infrastructure Ltd is looking to sell down its stakes in the Alpha coal project and related port and rail assets in Australia to help fund the $10 billion cost of the projects, its Austral