Indian energy giant Adani today deferred a final investment decision on its much-delayed 21.7 billion dollar Carmichael coal mine in Australia after the Queensland government failed to decide on royalties amounting to millions of dollars for the controversy-hit project.
Adani wanted the Queensland government to delay the start of royalty obligations on the coal mine it hopes to build in Queensland’s Galilee Basin, media reports said.
A final investment decision (FID) on Carmichael was expected from Adani this month. Read More…
Credit By: India
Adani defers Carmichael coal mine investment decision added by India on
View all posts by India →
Latest posts by India (see all)
- Mumbai: Central Railways to Run Night Trains on Ganesh Chaturthi, Megablocks Cancelled - September 7, 2019
- IRCTC Is All Set to Relaunch Two Express Trains on The Ramayana Circuit - September 4, 2019
- IRCTC Likely to Compensate Passengers if Tejas Runs Late by Over an Hour: Reports - August 26, 2019
