Terracom Ltd (ASX:TER) is currently investigating the construction of a 60Mw solar power station.
Terracom is a mining company with development projects in Mongolia and Queensland. If the company goes ahead with building this power station, it will be built on rehabilitated land at the Blair Athol Coal Mine in Queensland.
The company says the construction of this solar power station, and subsequent land use, will increase the economic value of the property. In addition, it is expected to play a major role in helping Queensland achieve its renewable energy targets.
Terracom reported a net loss of $51.79 million at 30 June 2016.