At the Vibrant Global Investers Summit 2009, Ahmedabad, Gujarat NRE Coke Ltd, country’s largest independent coke producer, announced that it is all set to invest around Rs 300 crores in Gujarat over the next 4 to 5 years.

The metallurgical coke producer said that it will invest Rs 12 billion in a 200 megawatt (MW) wind power project and Rs 10 billion in a 200 MW thermal power plant.

Gujarat NRE would also invest Rs 5 billion on adding additional capacity at its coke and coal preparatory plants and Rs 3 billion on a 60 MW heat-based power plant.

Moreover, the company is also planning to set up a Greenfield one million tonne coke plant in the Nellore district of Andhra Pradesh. Currently, the company’s coke capacity of about 1 million tonnes will be expanded to 1.25 million tonnes by March 31.

It may be here recalled that Gujarat NRE is the only Indian company with coking coal mines in Australia having more than 500 million tons of Metallurgical Coal with outstanding coking properties. Over the next few years, the company is expected to emerge as one of the largest coking coal producers in Australia.