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)
- Western Railways to Run Three Special Trains During Ganapati Festival - June 25, 2019
- Mumbai Mega Block On June 16: Local Train Services On Western, Central And Harbour To Remain Affected For Over 5 Hours - June 16, 2019
- Mumbai Mega Block On June 2: Local Train Services On Central And Harbour To Be Affected Till 5 PM — Here Are The Details - June 2, 2019
