MoEF clears Essar Power’s Mahan coal block
Essar Power has received forest clearance for Mahan coal block, which will help the company expedite fuel supply to its 1,200-MW Mahan phase I power project. The ministry of environment and forests (MoEF) has given stage 1 clearance for the coal block, which was allocated in 2006 to Mahan Coal Ltd, a joint venture between Essar Energy and Hindalco.
Naresh Nayyar, chief executive officer of Essar Energy, said: "We are pleased to have received approval from the ministry allowing us to accelerate development at the Mahan coal block to provide fuel for our Mahan I power plant and deliver much needed electricity for the people of India. This is a major step forward in our strategy of providing full fuel security for all of our power generation assets, thereby eliminating price and delivery risks."