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GVK wins state nod for $6.3 bn Australian coal mine

State of Queensland sets a range of conditions for building a mine designed to produce 30 mn tonnes a year of thermal coal

Read more on:    Gvk | Infrastructure | Mining | Australia | M&a
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Power & has won environmental approval from the state of Queensland for its 6.4 billion-Australian dollar (Rs 35,000 crore) Alpha coal project, clearing a key hurdle towards winning a lease for the Australian mine.

The approval from Queensland's coordinator-general sets a range of conditions for building a mine designed to produce 30 million tonnes a year of thermal coal and a 495 km (310 mile) rail line from the mine to the port of Abbot Point.

"It's another step towards getting a lease and final approvals," GVK's spokesman Chris Bombolas said.

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