Prophecy granted License for Coal-fired Power Plant in Mongolia: "Prophecy Coal'S wholly-owned Mongolian subsidiary, East Energy Development, has received the license certificate from the Mongolian Energy Regulatory Authority to construct the 600 MW Chandgana power plant. Coal will be supplied from Prophecy’s Chandgana Tal Deposit.
Prophecy Coal has received the license certificate to construct a 600 MW coal-fired power plant in Mongolia. (Picture: Prophecy Coal)
Vancouver (BC), Canada – In terms of size, this 600 megawatt 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."
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