ASX AND MEDIA ANNOUNCEMENT
10 January 2008
MINISTER
CONFIRMS ASSESSMENT LEVEL
FOR COOLIMBA
POWER PROJECT
Integrated energy company Aviva
Corporation (ASX:AVA) has welcomed the decision of the Minister for the
Environment confirming the level of environmental assessment for the Coolimba
Power and Central West Coal projects at Public Environmental Review (PER).
Aviva is developing the Coolimba
Power and related Central West Coal projects, a one billion dollar investment
based on a 400MW coal fired power station 20km south of Eneabba.
Coolimba Power will provide much
needed geographic and fuel diversity to WA’s power supply, which is
heavily reliant on either gas from the North West
shelf or coal from the Collie
Basin. Coolimba will
provide up to 8% of the SWIS’ power grid requirements.
The WA Environmental Protection
Authority set the level of assessment for both projects at PER in September
2007. There were two appeals on the level of assessment, and after considering
a report from the Appeals Convenor, the Minister has confirmed the level of
assessment at PER.
Aviva Corporation CEO Lindsay Reed said the decision of the Minister provided
certainty to the environmental assessment process for the Coolimba Power
project, while still allowing scope for substantial public consultation.
Aviva intends releasing to the
public the PER documents in the third quarter 2008.
“We are very conscious of the
need to consult with the community on this project, and through our
consultation programme have had good feedback from the local communities who
see the strategic benefits the project will bring to the Mid West region and
the SWIS network,” Mr Reed said.
“We believe Coolimba Power will set a
benchmark in WA for environmental performance for thermal power stations. Coolimba
Power will be built ready to adopt technology which will reduce carbon dioxide
emissions significantly while limiting water use through air cooling and
removing sulphur from the coal to reduce sulphur dioxide emissions,” Mr
Reed said.
As the only base load power station
north of Perth,
the project will make a significant contribution to the reduction of power
transmission losses in the Mid West, which are currently the highest in the
state and will help unlock the region’s potential.
For further information contact:
Richard Harris Robert Kirtlan
Aviva Aviva
General Manager Development Director
Tel: +61 (0) 8 9367 2344 Tel:
+61 (0) 8 9367 2344
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Hazeldine
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ABOUT AVIVA
Aviva
is an integrated energy company listed on the Australian Stock Exchange with
its head office in Perth.
The company is growing a portfolio of integrated energy assets. Aviva’s
most advanced asset is the Coolimba Power project in Western Australia. Please visit: www.avivacorp.com.au
The
Coolimba Power Project will be on the Central West Coal project and is ideally
located in the northern half of the SWIS power grid to take advantage of demand
growth both in the SWIS and from new resource projects in the Mid West Region.
The location has the advantage of low cost fuel, available water, adjacent
infrastructure, existing mining lease and freehold land. Coolimba will be a
400MW base load generator employing leading emissions technology for water,
sulphur and carbon dioxide. Please visit: www.coolimbapower.com.au
Aviva
is earning a 90% interest in the Mmamantswe project in Botswana where it is targeting a
600Mt coal deposit. The project is well positioned, being on the South African
border and adjacent to key infrastructure including, highway, railway, and high
voltage transmission lines.
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