Monthly Archives: October 2017

Shareholder Update – Independent financial review program formally commences

Environmental Clean Technologies Ltd (ASX:ESI) (ECT or Company) is pleased to provide the following update on its integrated Indian demonstration project. Following on from a previous status update (ASX, 17 October 2017), and subsequent clarifications made on the Company’s website (http://www.ectltd.com.au/clarification-india-project-review-process/), NLC India Limited (NLC) have advised ECT that the appointment of the consultant to… Continue Reading

Indian coal shortage highlights Coldry opportunity

  The southeast Indian state of Tamil Nadu is currently experiencing a shortage of black coal. According to the below articles, over 2,600 MW of coal-fired capacity is sitting idle due to the shortage, including 810 MW of generation capacity at the North Chennai Thermal Power Station, 630 MW at the Tuticorin Thermal Power Station… Continue Reading

Indian Economy On ‘Very Solid Track’

The mid to long-term economic prospects for India is huge. Just ask the IMF and World Bank. The worlds largest democracy continues to roll out massive infrastructure development across rail, power, and other areas. The below article, appearing on India’s NDTV website highlighted the following: IMF Chief Christine Legarde reaffirms very solid medium to long-term growth for Indian economy… Continue Reading

2017 Annual Report

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide its 2017 Annual Report to shareholders. Hard copies of the Report have been mailed to those shareholders registered to receive it. The Notice of Meeting for the 2017 Annual General Meeting has also been mailed to all shareholders.   Continue Reading

Notice of Meeting 2017 AGM

Environmental Clean Technologies Limited (ASX:ESI) (ECT or Company) is pleased to provide the Notice of Meeting & Explanatory Memorandum for this year’s Annual General Meeting. The Notice will be mailed to all shareholders according to the required timetables. The notice contains important information, which should be read in full and considered carefully. The Annual General… Continue Reading

Clarification – India project review process

Last Tuesday we updated the market (link) on recent organisational changes and on the status of our project in India. We received several emails seeking clarification on a common point. Specifically, we state: “The independent external review remains in process and is a necessary component of the NITI Aayog review ahead of the signing of… Continue Reading

Shareholder Update – ECT Group Corporate Structure & India Project

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the following update on the Group’s Corporate Structure and India project. Key points: Ashley Moore officially assumes new role as Chairman-Managing Director of ECT India Jim Blackburn takes over operational leadership of ECT Limited Glenn Fozard heads up ECT Finance Limited Project… Continue Reading

Australians hit with $7b energy bill

Earlier this week, Bluescope Steel’s outgoing Managing Director Paul O’Malley delivered a scathing assessment of the economic cost to Australian’s of current energy policy. “The increase in domestic gas prices since 2015 has cost Australian gas users approximately $3.5 billion per annum. For electricity, the cost to users of rising electricity prices is over $3.7… Continue Reading

Gas supply shortage opens door to cleaner coal

Gas pricing continues to be a hot topic. Yesterdays article in The Australian (link below $) highlighted the lead times associated with delivering increased gas supply. Former Energy & Resources Minister, Ian Macfarlane, now head of the Queensland Resources Council, noted the high price and constrained supply of gas worked to ensure coal had a… Continue Reading

Minerals Council loses voice of reason

You know the old saying; never let the facts get in the way of a good story. When it comes to energy policy, this seems to be the prevailing approach for those seeking to generate and maintain subsidies for otherwise expensive and unreliable wind and solar. The Minerals Council of Australia, led by Brendan Pearson… Continue Reading