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 | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: