GVK gets approval for Kevin's Corner mine in Australia

GVK Power & Infrastructure said on Friday it had received federal environmental approval for its controversial Kevin's Corner coal project in Queensland, Australia.

The project has faced a public campaign led by an anti-coal alliance that says the mine would deplete groundwater crucial to farms.

Construction is expected to start in 2015 with the first coal being produced in 2018, GVK said in a statement.