Essar waiting for confirmation on Mahan coal block

Essar Energy, the India-focused energy company, has said it is not in a position to confirm that its coal block at Mahan in Madhya Pradesh state is among those to have been provisionally approved by officials for stage one forest clearance.

By MoneyWeek

published 30 May 2012

in Features

Responding to media reports, it said that it believed the final decision will be taken by the Indian cabinet, but it has yet to receive any official confirmation from government sources.

The Mahan coal block will supply fuel to the nearby 1,200 megawatt Mahan I power project, which is due to be commissioned over the next few months.