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GCM Resources to conduct pre-feasibility study at Phulbari coal project

GCM Resources PLC said Sept. 11 that it agreed with Sinohydro Corp. Ltd. to conduct a pre-feasibility study and other due diligence on proposed mine-mouth coal-fired power plants generating up to 4,000 MW at the Phulbari coal and power project site in Bangladesh.

These power plants would be in addition to GCM's existing 2,000-MW power plant proposal.