Essar Energy seeks permits to develop coal reserves beneath dense rainforest

 

Forest threatened 

In March the FT reported that the oil refiner and power plant operator was awaiting government go-ahead to develop its Mahan, Chakla and Ashok Karkata mines. 

Yesterday news came that shares in Essar Energy fell sharply after the London-listed company conceded that India’s government will not grant official permission for a coal mine in time to supply a polluting new power station. 

Though two power stations are now under construction – Mahan 1 and Tori – the Indian government has not given Essar Energy the deforestation permits needed to develop these coal reserves, which lie beneath dense rainforest. 

The tip of the iceberg 

A Google search will reveal more news about the activities of the Essar conglomerate, including a report that a subsidiary of Essar has been expanding mountain top removals in West Virginia USA, pictured below:

 

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