Ergo Exergy - UCG

February 27, 2010

AE Coal Technologies Ltd ties up with Ergo Exergy to undertake εUCG™ project in India

AE Coal Technologies, part of the Abhijeet Group of India, has signed agreements with Ergo Exergy for use of its proprietary εUCG™ technology. The department of Coal Mining and Planning Development of India has sought expressions of interest from UCG companies for development of the Kaitha coal block situated in the Ramgarh district. AE Coal is the first Indian company with access to commercial UCG technology which it puts it in an excellent position to acquire the coal block and undertake India’s first UCG project. This agreement between the two companies cements a long standing relationship and Ergo Exergy looks forward to working with the Abhijeet Group on commercial development of εUCG™ in India.

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