Once completed, the fully functional complex at Chinchilla would house about 1000 workers during the plant's peak construction, Ausco said.
Ausco spokesperson Myke Cavanagh said the village would have its first "heads on beds" by January 3, 2005, reaching full capacity by early 2006.
Following completion of the Kogan Creek Power project in 2007-08, the village would be retained in Ausco's rental fleet, he said.
Ausco said it would initially make a $15 million capital investment, with a corresponding revenue stream of about $22 million expected over the next three years.
The 750-megawatt coal-fired plant, to be jointly built under an engineer, procure and construct contract by Siemens and Hitachi, would provide 7% of Queensland's growing demand for power, and 120 permanent positions once complete.
Energy minister Stephen Robertson said earlier this year the Kogan Creek project would be the last coal-fired generator to be built in Queensland under the state's A Cleaner Energy Strategy, unless a "clear and demonstrated need" was shown.
Including Kogan Creek, more than $4.7 billion has been invested in new electricity generating capacity in Queensland since start-up of the national electricity market (NEM) in 1998, around 75% of the $6.3 billion in new generation investment throughout the NEM.
