Monday, 20 March 2017

Adani to finalise Australia coal investment plan by June

Adani Enterprises said it would finalize an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups. For more than five years, Adani has battled opposition from green groups who fear the project will produce so much coal for export to India that it will require a mega-port expansion into the Great Barrier Reef World Heritage Area.

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