Adani gets Oz nod for coal mining, rail project.

The Australian government has approved billionaire Gautam Adani-promoted Adani Group's proposed AUS$16.5-billion ($15.5 billion) Carmichael Coal Mine and Rail Project, subject to a set of environmental conditions. Australian environment minister Greg Hunt approved the project recently.

Commenting on the development Adani Group chairman Gautam Adani said, 'We welcome the Minister's approval of the Carmichael Mine and Rail project, which takes us another step closer to delivering our mine,rail and port development.'

'Adani's commitment to contribute towards providing energy security to India and other Asian countries goes hand-in-hand with its commitment to providing sustainable employment opportunities for local workers and suppliers, not just through our rail infrastructure, but also our longer-term investment in ports and mining,' Adani said.


BS