Indian infra major GVK is now in a position to raise capital for Kevin’s Corner Project in Queensland in Australia as it has secured Federal government's approval under the Environment Protection and Biodiversity Conservation Act, 1999.
Following a rigorous assessment process at two levels of government spanning five years, Federal Environment Minister Greg Hunt gave the company permission to construct and operate the Kevin’s Corner Coal Mine, 50 km north of the town of Alpha in Queensland.
The company described the approvals as a major milestone towards its goal of becoming the premier coal supplier.