Saw this excerpt in The Australian Newspaper, as the 'entity' hasnt been disclosed, wasn't really sure where to stick it.......

MITSUBISHI Heavy Industries today said it was in talks for a coal-fired power generation plant using clean-coal technology in Australia, with an entity affiliated to the Queensland government.

The comment came after the Nikkei reported in this morning’s edition that the Japanese heavy machinery maker was close to securing a deal to build the world's first large-scale coal gasification power plant in Queensland.

The total orders from the project are estimated at 200 billion yen ($2.5bn) and the facility is slated to start operating in 2015, Nikkei reported.

But a Mitsubishi Heavy spokesman said the company had not signed any contract and no decision had been made.

Coal gasification is a process that converts solid coal into a gas that then may be used to generate electricity.

The plant would also employ carbon-capture and sequestration techniques, whereby carbon dioxide is stored in rock formations to prevent it from entering the atmosphere and adding to global warming.

Further digging turned this up

Japan is considering financing a clean-coal plant to be operated by Queensland state government’s ZeroGen Pty Ltd., the official said. Mitsubishi Heavy Industries said June 12 it is in discussions with Queensland’s government to build the project.

The Queensland government is in talks with Mitsubishi about collaboration on the project, though no decision or agreement has been reached, a spokesperson for the Department of Employment, Economic Development and Innovation said via e-mail. Overseas investment in ZeroGen would be “strongly welcomed,” said the spokesperson who asked not to be identified citing internal rules.

The plants made by Japanese companies use a process known as Integrated Gasification Combined Cycle, which turns coal into gas. The generators are designed to cut emissions of sulfur dioxide, particulates and mercury and increase fuel efficiency. They can also make it easier and cheaper to separate carbon dioxide, the main greenhouse gas, from other gases.

Mitsubishi Heavy’s Ikuno said combining IGCC with carbon capture and storage, in which carbon is trapped and stored underground indefinitely, can cut as much as 90 percent of carbon dioxide emissions from coal-fired power plants.