Remember this announcement from May? Can some one please ask about the progress of the agreement at the AGM tomorrow? It has been their only announcement about a commercial agreement and there has been no news since.
From their website, the company seems to be ramping up some significant power production soon: http://www.abhijeet.in/power_plant.html
21 May 2007
Company Announcements Office
Australian Stock Exchange Limited
By e-Lodgement
2 pages
Environmental Clean Technologies announces Contract for Sale of Coldry Coal Pellets
The Chairman of Environmental Clean Technologies Ltd (ASX:ESI), Mr Murray d’Almeida, and the
Managing Director, Mr Con Galtos, announced today that the company has executed an agreement
with Indian company, Abhijeet Infrastructure Limited, for the company to sell Coldry coal pellets to
Abhijeet, commencing in late 2009.
The agreement is conditional upon the completion of due diligence investigations by both parties, the
negotiation of a service agreement, and the company securing sufficient coal resources.
Contact:
Murray d’Almeida (Chairman)
Con Galtos (Managing Director)
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- can some one ask this at agm tmrw re india
can some one ask this at agm tmrw re india
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