Sanjay Reddy, GVK vice-chairman, and Georgina Hope Rinehart, chairman, Hancock Prospecting Pty Ltd., the co-owners of the Alpha Mine & Rail project in Queensland, Australia, have expressed confidence of securing an early environmental clearance from Australian federal authorities.
Ms. Rinehart, who flew into the city to attend a board meeting, told reporters in the presence of GVK chairman G.V.K. Reddy and Mr. Sanjay Reddy, that the project was of immense importance to both Australia and India with the former having lot of coal and the latter requiring it. “Massive projects like this are revenue providers”, she added.