Leighton Holdings

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Leighton Holdings is "Australia's largest project development and contracting group". [1]

Pakri Barwadih mine

In December 2010, Leighton Holdings subsidiary Thiess won a $5.5 billion coal mining contract to develop and operate the Pakri Barwadih Mine in the state of Jharkhand in India's east. The contract will run over 22 years for the largest state-owned power generator National Thermal Power Corporation (NTCP). Revenue is expected to be $500 million in the first five years, with peak production of 15 million tonnes to be reached in three years.[2]

As of 2010, India is the world's third-largest coal producer but the world's fourth-largest importer. More than half of India's electricity generation is coal-fired. NTPC wants to more than double its power generation capacity by 2017 and mine more than a quarter of its own coal. As of 2010, its supply comes from Coal India and from imports.[2]

Directors

Accessed March 2008: [3]

Contact

Web: http://www.leighton.com.au

Resources and articles

Related Sourcewatch articles

References

  1. Home, Leighton Holdings, accessed March 16, 2008.
  2. 2.0 2.1 Philip Wen, "Thiess wins $5.5b India contract" Sydney Morning Herald, Dec. 3, 2010.
  3. Directors, Leighton Holdings, accessed March 16, 2008.