Essar Power MP Ltd, a subsidiary of Essar Power, has signed the coal mine development and production agreement with the Government of India for the Tokisud North coal block in Jharkhand and has also completed all other formalities. Ministry of Coal has issued the ?Vesting Order? to Essar Power MP, the formal allotment letter of Tokisud North Coal Mine. Essar Power MP owns and operates the 1,200 MW coal-based power plant at Mahan in Madhya Pradesh which has been set up with an investment of Rs 8,000 crore. With this coal mine acquisition, the company will commence mining operations to power the Mahan power plant within a few months.