GVK Power & Infrastructure Ltd has informed BSE that Aurizon and GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) have reached a significant milestone towards their proposed transaction for the joint development of a rail line and a new coal terminal at the existing Abbot Point Port to unlock the Galilee Basin’s coal resources, including GVK Hancock’s Alpha, Alpha West and Kevin’s Corner coal projects.
In this regard, the Company has issued a Press Release titled "Aurizon and GVK Hancock reach a major milestone towards signing the proposed Galilee Basin Rail and Port Transaction".
Download the Press Release from here.
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