Australian minister likely to meet Adani in India, to discuss Rs 10,000 cr Carmichael project

The coal project had received all approvals of the state and Central government and now it is up to the Adanis.

Press Trust of India August 26, 2019 07:25:27 IST
Australian minister likely to meet Adani in India, to discuss Rs 10,000 cr Carmichael project
  • Australian authorities will try to persuade the Indian investor to begin construction at the earliest

  • The 10 MTPA coal mine project in Queensland drew protests from environmentalists who are claiming that it will cut into the Great Barrier Reef World Heritage Area

  • The coal project had received all approvals of the state and Central government and now it is up to the Adanis.

Kolkata: A senior Australian minister is likely to meet Adani Group Chairman Gautam Adani during his trip to India beginning Monday.

The meeting is expected to discuss Adani's Rs 10,000 crore Carmichael coal project where Australian authorities will try to persuade the Indian investor to begin construction at the earliest.

The 10 MTPA coal mine project in Queensland drew protests from environmentalists who are claiming that it will cut into the Great Barrier Reef World Heritage Area.

Australian minister likely to meet Adani in India to discuss Rs 10000 cr Carmichael project

A file photo of Gautam Adani. Image courtesy: Adani Group

"Australia's Minister for Resources and Northern Australia Matthew Canavan will be meeting Adani during his three-day visit in India visit that begins on August 26," an Australian diplomat told PTI.

He said the coal project had received all approvals of the state and Central government and now it is up to the Adanis.

The project which was facing resistance for nine years had received environmental approvals recently needed to begin work on its Carmichael mine in Queensland.

On the opposition of environmentalists, the diplomat said a project of such a scale will have some impact and bound to get opposition. "The government gave its nod after evaluating such threats."

Adani Australia on Wednesday said, "There has been a concerted campaign by extremists against our Carmichael Project and businesses that partner with us. It has not succeeded and construction of the Carmichael Project is well and truly underway," it said.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Yet another Adani controversy: Co suspends 2 key contractors on biggest Aus coal project
Business

Yet another Adani controversy: Co suspends 2 key contractors on biggest Aus coal project

Adani Group’s 16.5 billion dollar coal mine project in Australia has hit another controversy after reports that the Indian mining giant suspended two major contractors, raising fresh speculation over funding even as the company blamed the move on delay in government approvals.

After Lanco deal, Adani plans to invest $2 billion in Odisha power plant
Corporate

After Lanco deal, Adani plans to invest $2 billion in Odisha power plant

Gautam Adani plans to invest $2 billion (around Rs 12,100 crore today) to build a 2,500 megawatt power plant in Odisha, which would raise group capacity by a quarter and boost supply in a country where one-third of the population still goes without power.

Adani Enterprises sees profits jump to Rs 557 cr thanks to 43% rise in revenue
Economy

Adani Enterprises sees profits jump to Rs 557 cr thanks to 43% rise in revenue

The company had posted a loss of Rs 278 crore in the corresponding quarter of the previous financial year, Adani Enterprises said.