The NSW Planning Assessment Commission (PAC) has approved Gujarat NRE’s planned upgrade and expansion of its NRE Wongawilli coal mine.
Gujarat chairman Arun Kumar Jagatramka said the approval of the $62 million project was another milestone for the company.
"The NSW PAC has given written project approval, which allows Gujarat to mine in the Wongawilli seam in the north eastern part of the lease and also construct an underground roadway to provide access to the western portion of the lease," Jagatramka explained.
The miner was also given approval for upgrading of existing infrastructure, and extraction of remenant coal reserves – approximately two millions tonnes annually from Bulli and Wongawilli seams for up to five years.
It also has the go ahead for the transportation of the coal, as well as eventual rehabilitation of the site.
The operations are located near Wollongong.
These approvals came as the company secured a $100 million facility with Axis Bank, Hong Kong.