GVK Power & Infrastructure’s step down subsidiary has received Queensland Coordinator General’s Report on the environmental clearance for the Alpha coal and Rail project in Queensland. This is a major achievement for GVK as ‘Alpha project’, is the only Galilee Basin postponement with an approved Environmental Impact Statement (EIS).
After having agreed for the general terms in December 2010, GVK invested in three mines (Alpha, Alpha’ West and Kelvin’s corner) with a total resource of 8 billion tones of thermal coal in addition to the rail and port facilities. The Alpha project consists of a 30 million tonnes per annum (mtpa) mine, a 495 km standard gauge railway with 60 mtpa approvals and a terminal and two berths at Abbot Point catering for at least 60mtpa of thermal coal destined for Asian market.
Subsidiaries of GVK Coal Developers (Singapore) Pte, (GVKCD), in Australia have received Queensland Coordinator General’s Report. GVK Power & Infrastructure holds 10% equity stake in GVKCD.
Company Name | CMP |
---|---|
NTPC | 356.00 |
Tata Power | 430.30 |
Power Grid Corp | 309.50 |
Adani Power | 627.65 |
Torrent Power | 1363.30 |
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