Thursday, August 23, 2012

India's GVK wins approval for $10 billion Aussie coal mine, rail project

Reuters: India's GVK Power and Infrastructure won environmental approval for its A$10 billion ($10.4 billion) Alpha coal and rail project in Australia's Queensland state on Thursday, with 19 conditions to protect the environment. The approval came as Australia declared the end of the resources boom that cushioned the country from the global financial crisis, a day after the world's biggest miner, BHP Billiton shelved two major expansion plans worth at least $40 billion. The Alpha scheme is the front-runner...

URL: http://www.reuters.com/article/2012/08/23/us-gvk-alpa-idUSBRE87M04920120823?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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