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Financial Status of the Great Plains Coal Gasification Project

RCED-85-70 Published: Feb 21, 1985. Publicly Released: Mar 01, 1985.
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Highlights

Pursuant to a congressional request, GAO reviewed certain aspects of the financial viability of the Great Plains coal gasification project. Specifically, the report examined the financial status of the project as shown in Great Plains' May 1984 cash-flow projection to the Department of Energy and the effect of proposed assistance from the U.S. Synthetic Fuels Corporation (SFC) on the project's finances.

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Topics

Construction costsEnergy consumptionFinancial analysisGovernment guaranteed loansLoan repaymentsProgram evaluationSynthetic fuelsCoal gasificationLoan guaranteesCoal