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Coal Terminal Project GVK Coal signs Construction Contract for Coal Terminal Project

| Editor: Marcel Dröttboom

GVK through its subsidiary Hancock Coal Infrastructure has signed a construction contract with Samsung C&T Corporation, a subsidiary of the Korean conglomerate Samsung and Australian based Smithbridge Group to build a 60 million tonnes per year terminal for the Alpha Coal project at Abbot Point, North Queensland Australia.

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The first phase of the Alpha "pit-to-port" project involves a 500 kilometre railway line.
The first phase of the Alpha "pit-to-port" project involves a 500 kilometre railway line.
(Picture: Wikimedia, CC BY-SA 3.0)

Secunderabad, India – The award of construction contract comes after GVK received all the Tier 1 approvals for the Alpha Project. This is a “pit-to-port” project being built at a cost of USD 10 Billion. The first phase of the project involves a 30 million tonnes per year mine, a 500 kilometre railway line and a 60 million tonnes per year port. The other construction contracts for the project such as mine infrastructure, the wash plant and rail will be announced in the next few months.

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