cheap shares anyone?, page-10

The environmental clearance for Rakha has not been approved as yet.
See page 3 Item 2.19
http://www.ercindia.org/files/eac/agenda/EAC%20Agenda%20Non%20Coal%20Mining%20%202014_2_211612812171FinalAgenda_February_2014.pdf

Rakha was on the agenda for the 24th to 25th Feb 2014 meeting but it seems to take a month or two before the minutes of the meeting are released.

http://www.ercindia.org/index.php/resources/eac-and-fac-meetings/eac-meetings
Keep an eye out for the release of the minutes on the website above under non coal mining projects.

I would say the approval is still a few weeks away.