According to disclosed transaction details, Sindhu Trade Link Ltd (STLL) finalized a controlling acquisition targeting two mining-related companies on September 28, 2026, committing a total of 9.23 billion Indian rupees. The deal structures a 6.97 billion rupee purchase of a 78.26 percent stake in Advent Coal Resources Pte Ltd alongside a 2.25 billion rupee buyout of a 50.10 percent interest in Sainik Mining and Allied Services Ltd (SMASL).
The strategic focus of the transaction is a substantial coal deposit situated in Indonesia’s East Kalimantan region. Reported terms indicate that Advent Coal retains full economic rights to the resource base, which contains an estimated 620 million tonnes of reserves. To support extraction and export operations, the project includes a dedicated 130-kilometer transport route designed to link the mining site directly to a deepwater terminal and an emerging industrial zone.
This consolidation positions STLL to tap into Southeast Asia’s growing thermal coal supply chain while leveraging integrated logistics infrastructure to reduce haulage costs. For global energy markets, the acquisition highlights continued cross-border capital deployment into Indonesian bulk commodities and underscores how port-linked transport networks are becoming critical enablers for scaling mine output and improving export competitiveness.