Oracle Power PLC 2014 AR2
The report outlines Oracle Coalfields' progress during 2014 as it moves towards financial close for its integrated coal mine and power generation project in Block VI of the Thar Coalfield, Pakistan. Key achievements include signing an EPC Framework Agreement with Shandong Electric Power Company (SEPCO) for a 600MW power plant and a 4.0Mt per year open-pit mine, and the successful restoration of its mining lease in February 2015. The company also advanced its Environmental and Social Impact Assessment (ESIA) and Resettlement Action Plan (RAP) to align with international standards. Financially, the Group reported an operational loss after taxation of £709,479 for the year.
Company: Oracle Power PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2014
Type: AR2
Pages: 48
Oracle Power PLC
The report outlines Oracle Coalfields' progress during 2014 as it moves towards financial close for its integrated coal mine and power generation project in Block VI of the Thar Coalfield, Pakistan. Key achievements include signing an EPC Framework Agreement with Shandong Electric Power Company (SEPCO) for a 600MW power plant and a 4.0Mt per year open-pit mine, and the successful restoration of its mining lease in February 2015. The company also advanced its Environmental and Social Impact Assessment (ESIA) and Resettlement Action Plan (RAP) to align with international standards. Financially, the Group reported an operational loss after taxation of £709,479 for the year.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees