ECT 0.00% 0.4¢ environmental clean technologies limited.

coldry shortlisted under government grant prog

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    Thursday, 13 December 2012: Environmental Clean Technologies Limited (ECT or Company)
    (ASX:ESI) is pleased to confirm that advice has been received from Victoria's Department of
    Primary Industries (DPI) that our Expression of Interest (EOI) for the Advanced Lignite
    Demonstration Program (ALDP) has been shortlisted, and we have been invited to submit a
    response to the Request for Proposal (RFP).
    According to the ALDP website*;
    “The Australian Government and the Victorian State Government are now seeking proposals from
    parties interested in developing pre-commercial demonstration scale, coal upgrading processes for
    raw lignite.
    “Up to A$90 million in funding is available to support projects assessed by the Commonwealth and
    Victorian Governments as addressing the program objectives.”
    ECT's Managing Director, Michael Davies commented, "ECT is pleased to have been invited to
    further develop a proposal for our Coldry technology in the Government's ALDP process. We are
    keen to continue with the program, and see great promise in its objectives to unlock the value in
    Victoria's Lignite reserves within a more sustainable and low emissions framework. We must also
    note that the ALDP criteria with respect to confidentiality means ECT will be unlikely to be able to
    provide further comment on the progress in the program until it is complete. We will, however, be
    guided by our continuous disclosure rules, and therefore must work closely with the DPI to ensure
    we meet both objectives."
    The ALDP timeframes are broadly as follows:
    ? RFP response due mid March 2013
    ? Finalisation of Funding Agreement - September 2013
    For Further Information Contact:
    Mike Davies – Managing Director +61 3 9909 7684 or [email protected]
 
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