Kolkata, Mar 28 (IBNS) Gujarat NRE Coking Coal Limited (GNM), the Australian subsidiary of Gujarat NRE Coke Ltd (GNCL), on Wednesday announced that it has received the Subsidence Management Plan (SMP) approval from the NSW Government, Australia, to start the longwall mining at its NRE No1 mine.
Speaking on the development, Arun Kumar Jagatramka, Executive Chairman of the company said, “The grant of approval to commence longwall production at NRE No.1 mine vindicates our commitment and belief to have the two hard coking coal mines under longwall operations before the end of March 2012.
“It is further significant due to the fact that the commencement of longwall production in NRE No1 mine not only ensures the future growth of the Company on a higher trajectory but also secures the permanent employment of more than 600 employees working for the Company in Illawarra.”
Gujarat NRE Coke Ltd (GNCL), the flagship company of Gujarat NRE group is the largest independent producer of met coke in India with an installed capacity of 1.434 MTPA.
