ProactiveInvestors: Prophecy Coal rallies on Chandgana 600MW power plant feasibility study

Prophecy Coal Corp. unveiled Tuesday a positive feasibility study for its 600 megawatt (MW) Chandgana Mine-Mouth power plant project in central Mongolia, to be built next to the company’s Chandgana Tal coal deposit. Construction of the power plant project is planned to start in April 2013, with the first 150 MW unit being commissioned in October 2015.  The remainder of the units are to be rolled out in April 2016, October 2016, and April 2017. With proper maintenance, the project is estimated to have 30 years of commercial operation, the company said. To read the full article, click hereProphecy Coal rallies on Chandgana 600MW power plant feasibility study

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