The plant, which will reportedly use integrated coal gasification combined cycle (IGCC) technology and a carbon-capture-and-storage capability to generate power, is expected to come into operation in 2015.
The new technology reduces carbon dioxide emissions by 60-90% when compared to conventional coal-fired plants.
Mitsubishi Heavy Industries and Mitsubishi Corp are planning to pick up a joint minority stake in the operator of the proposed Queensland project, according to Bloomberg which quoted Nikkei newspaper as its source.
