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Godawari Power & Ispat gets Government approval for enhanced mining area

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Capital Market
Last Updated : Feb 23 2015 | 1:30 PM IST

For Ari Dongri Iron Ore mines in Chhattisgarh

Godawari Power & Ispat announced that the Government of India, Ministry of Environment & Forests & Climate Change (Forest Conservation Division) vide its letter dated 19 February 2015 has granted its final approval (Stage - II) under section-2 of the Forest (Conservation) Act, 1980 for Diversion of additional 32.36 ha forest land for Iron Ore Mining in Village Kachche, Dist: Baster, Kanker, Chhattisgarh, adjacent to the Company's existing Ari Dongri Iron Ore mines. Post commencement of commercial operation in enhanced mining area, the entire requirement of iron ore of the Company shall be met from captive iron ore mines upon achievement of full production in captive iron ore mines, leading to cost savings.

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First Published: Feb 23 2015 | 12:09 PM IST

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