Well it confirms our previous discussions.Looks like something...

Well it confirms our previous discussions.

Looks like something might happen over there!

ASX ANNOUNCEMENT
Invitation to bid with Indian Fertiliser and Chemical Company
for UCG projects in India.
The Board of Clean Global Energy Limited [ASX:CGV] is pleased to update the
market on our companys underground coal gasification [UCG] activities in India.
Clean Global Energy Limited has received an invitation to collaborate with
Hyderabad-based Nagarjuna Fertilisers and Chemicals Ltd, to participate in the
development of UCG projects in India.
Conditions for UCG in Indian lignite blocks are similar to those in the coal
tenements held by CGE in Victoria, and CGE would apply similar site selection
methods in India to those already developed in Australia.
Accordingly, CGE has proposed a Memorandum of Understanding (MOU) to work
with Nagarjuna to formalise a relationship to procure UCG blocks to develop,
construct, commission and operate a UCG Plant to produce Syngas to use as
feedstock for power generation and other uses.
CGEs primary role would be to deliver and operate a Pilot and subsequent
Commercial UCG Plant.
Under the MOU, CGE would work with Nagarjuna, which includes a licensing
agreement if one or more of the UCG blocks are granted to Nagarjuna or its
nominees, to submit a bid to Rajastan State Petroleum Corporation Ltd for off-take
of UCG Syngas.