The Mahan coal block, an Essar Energy owned block in Madhya Pradesh, has received forest clearance by the Ministry of Environment and Forests. Essar Power, a unit of Essar Energy, holds 50 per cent stake in Mahan Coal Ltd, a JV with Hindalco Industries that will mine the block.
The company will have to sign a mining lease agreement with the state government before commencing operations.
The block is expected to provide 8.5 mn tonne of coal and will also feed the 1,200 MW generation capacity of Essar Energy, and a 900 MW project of Hindalco.
Contact: Mahan Coal.