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Leighton Holdings' bags two contracts worth $900 million

Thursday, 03 Apr 2008
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Australia-based Leighton Holdings' subsidiary Thiess Pty, has won two contracts worth $900 million to develop and operate a coal mine in India's northeastern coal fields.

The Chitarpur coal project will involve the immediate infrastructure development and the subsequent 20 years  to develop and operate an open cut coal mine at the western end of the North Karanpura coalfield in Jharkhand.

Around115 million tpa of coal will be mined over the next two decades and development work is scheduled to begin end April 2008, with mining commencing in October 2009. The mine will have a maximum capacity of 6.75 million tpa and will supply coal to steel plants and to a nearby 1,100 MW power station.

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