A commercial real estate firm purchased Indiana Michigan Power's former coal plant in Lawrenceburg in southern Indiana and is working with the Ports of Indiana to see if it could be a viable option.

The proposed 278-mile rail line would be aimed at relieving Chicago-area freight congestion.

Consolidated Grain & Barge, or CGB, is aiming to capitalize on growing export markets in countries like China by expanding its plant at the Port of Indiana-Mt. Vernon in Posey County.