SteelGuru: Prophecy Coal unit wins license for Chandgana power plant

Prophecy Coal Corporation announced that it’s wholly owned Mongolian subsidiary, East Energy Development LLC, has received the license certificate from the Mongolian Energy Regulatory Authority to construct the 600 MW Chandgana power plant. In terms of size, this 600 MW (150 MW x 4) thermal power plant license is the first ever issued by the Mongolian government. To ensure strict compliance with Mongolian laws and regulations in obtaining this license, Prophecy retained a number of Mongolian and international consultants over the past 18 months. Considerable efforts were also spent on community relations. To read the full article, click hereProphecy Coal unit wins license for Chandgana power plant

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