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BRIEF-Indus Coal's unit signs MOU to develop new mine mouth power plant on block 9

Published 21/07/2015, 09:28 am
© Reuters.  BRIEF-Indus Coal's unit signs MOU to develop new mine mouth power plant on block 9

July 21 (Reuters) - Indus Coal Ltd ICZ.AX :

* Mou - mine mouth power project ICZ.AX

* Mou to develop a new mine mouth power plant on block 9

* Says tier 1 Chinese power plant engineering and construction company to finance the entire development cost ofthe power plant and the mine

* Mou signed with a tier 1 Chinese powerplant engineering and construction company to develop a new mine mouth power plant on block9

* Says appointed cps capital to raise A$500,000 by way of a third secured bond issue

* Company expects to conclude the restructuring of the terms of its 2 existing bond issues by Friday 31 July 2015

* Source text for Eikon ID:nASX21ftSN

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