Adani’s investment in Queensland moves ahead

Posted by Joseph R. Fonseca
Thursday, May 08, 2014
Adani Group Chairman, Gautam Adani

 

Today’s announcement by the Queensland Government on Adani’s Carmichael Coal Mine and Rail Project  recommending the environmental approval is a significant step towards opening up the Galilee Basin and providing extensive economic benefits to the people of Queensland.

As numerous government strategies have underlined, development of the Galilee Basin is vital to Queensland and Australia’s economic growth.

“We welcome the decision of the Queensland Government and this allows us to move to the next stage of the project, ensuring that local and regional communities continue to be involved in the development of our projects and share the economic benefits.” Adani Group Chairman, Gautam Adani said. “We remain committed to delivering the multi-billion dollar project, with world class standards, which will directly employ thousands of people during construction and over the operational period.”

Developing the Carmichael Coal Mine with relating rail and port infrastructure will deliver Adani’s core pit to plug strategy. Adani has followed benchmark engineering and technological standards to achieve this milestone through careful scrutiny and assessment by the Coordinator General.

As a proud Queensland company, Adani is committed to further grow its presence in the State economy. Since 2011, Adani has owned the coal export terminal at the Port of Abbot Point, continuing the port’s 30 year history of operating to the highest environmental standards.
 

Adani

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