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Adani Enterprises

30 May 2017

Adani strikes deal on royalties payments with Queensland govt

Indian energy giant Adani Group said on Tuesday that it has struck a deal on 'royalties payments' with the Queensland government for its 21.7 billion dollars coal mine project in Australia, a major breakthrough for the controversy-hit Carmichael venture.

Queensland government

24 May 2017

India may look elsewhere for coal requirements: Australian minister

India could look elsewhere for its coal requirements if Queensland government delays its decision on a royalty holiday deal with the Indian energy giant Adani Group, Australian Resource Minister Matthew Canavan has warned.

22 Jul 2015

Adani suspends contractors on biggest Australia coal project: Report

"Adani has suspended two major contractors on its Queensland coal project, raising fresh speculation about the company's ability to finance Australia's largest coal mine," the Sydney Morning Herald reported.

09 Mar 2015

Adani in talks with buyers to sell coal from Australian mines

The company also said that it has signed certain letters of intent with these power utilities and coal traders as part of discussions to sell the fuel.

28 Aug 2014

Adani buys Australian mine future royalty rights for $145 million

Adani Enterprises on Thursday agreed to pay Australian dollars 155 million (USD145 million) to Linc Energy of Australia to buy out the Australian firm`s rights to future royalties from Adani`s Carmichael coal project.

28 Jul 2014

Adani's $16.5 bn Australian coal proj cleared, company welcomes decision

Hailing the decision, Adani 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 multi-billion dollar mine, rail and port development".

28 Jul 2014

Australia approves Adani's A$16.5 bn Carmichael coal project

The Australian government on Monday approved Indian firm Adani Mining Pty Ltd`s A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland.

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