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ABC News
ABC News
Business
energy reporter Daniel Mercer

Indian firm with few assets and 'junk' credit rating in the middle of WA's growing energy crisis

Energy Griffin Oceania Steve Thomas India Coal Bill Johnston India Ratings Australia Collie

The most senior creditor to a West Australian coal mine at the centre of a deepening energy crisis is a heavily indebted Indian company with a credit rating deemed "junk" by a major ratings agency.

Records show a little-known Indian company called Sindhu Trade Links, through its subsidiary Oceania Resources, is a big lender to Griffin Coal.

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