Adani Australia

Adani Group's Oz arm signs power purchase pact

The group had previously stated that the Rugby Run solar farm would be one of the world's most advanced solar energy plants and involve an investment of USD 200 million.

Oct 07, 2017, 18:17 PM IST

Adani aims to wrap-up Australia project funding by March

Adani`s planned project in north-east Australia has been delayed for years as opposition from environmental groups led banks to steer clear of funding what would be the biggest coal mine in the country.

Oct 03, 2017, 23:32 PM IST

Adani Ent up 9% on investment approval for Australian project

Shares of Adani Enterprises surged almost 9 percent Tuesday, adding Rs 1,116 crore to its market valuation, after the Adani Group gave the final investment approval for its Carmichael coal mine project in Australia.

Jun 06, 2017, 12:36 PM IST

Adani gives final approval for coal mine project in Australia

Adani Group Chairman Gautam Adani on Tuesday gave the final investment approval for the Indian conglomerate's controversy-hit 21.7 billion dollars coal mine project in Australia which had hit several roadblocks over environmental concerns.

Jun 06, 2017, 09:00 AM IST

'Adani has to pay royalties in full for coal mine'

Adani Enterprises will get no exemption or discounted rates on royalties it has to pay to develop its Carmichael coal mine project in Australia, Queensland state Premier Annastacia Palaszczuk said on Saturday.

May 27, 2017, 13:23 PM IST

No royalty holiday for Adani's coal mine in Australia

The Queensland government on Friday decided not to grant a royalty holiday to Adani's controversy- hit Carmichael mine project in Australia, a setback to the Indian energy giant which said it would review the Cabinet's decision.

May 26, 2017, 17:14 PM IST

No "royalties holiday" for Adani: Queensland government

The Queensland government on Monday rejected reports that it has offered a "royalties holiday" to Indian energy giant Adani's 21.7 billion dollar coal mine project in Australia.

May 22, 2017, 13:20 PM IST

Queensland offers Adani 'royalties holiday': Report

The Queensland government has offered Indian mining giant Adani a deal that would result in it paying just 2 million Australian dollar a year in royalties on its proposed Carmichael coal mine project in Australia, according to a media report.

May 18, 2017, 11:34 AM IST

Adani's coal mine project in Australia granted water licence

Indian energy giant Adani's controversial Carmichael coal and mine project in Australia has received approval for a water licence from Queensland state government.

Apr 05, 2017, 17:11 PM IST

Adani appoints Purdie as CEO for rewnewable energy unit in Australia

Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country.

Feb 08, 2017, 10:39 AM IST

Adani to start work at Australia mine by mid-2017

Indian energy giant Adani on Tuesday said it will start construction at the 21.7 billion dollars Carmichael mine in Australia by the middle of next year and vowed to give priority local workers for the project, which is expected to generate some 10,000 jobs.

Dec 06, 2016, 12:03 PM IST

Adani Group to spend $300 mn on Australia solar plants; secures land deals

Indian energy giant Adani Group has struck land deals in Australia to build two solar plants collectively valued at USD 300 million in a bid to develop 1,500 MW renewable capacity in five years, even as a court today dismissed appeals against its USD 16 billion coal and mine project.

Nov 25, 2016, 12:23 PM IST

Adani's Australia coal mine project faces another legal hurdle

The 21.5-billion dollar Australian rail and mine project of Indian energy giant Adani Mining today faced another legal hurdle after a?community group asked the Supreme Court to scrutinise Queensland state government's decision to approve the firm's Abbot Point Terminal expansion.

Jun 24, 2016, 12:23 PM IST

Adani seals final landholder compensation deal for Australia project

Indian mining giant Adani today took a step forward in realising its 21.7 billion dollars coal mine in Australia by concluding the final landholder compensation agreement, a day after it received the backing of the Queensland's Parliament for the controversy-hit project.

Mar 16, 2016, 11:24 AM IST

Fatafat Future: Expert on Adani Enterprises

Zee Business, India's first 24-hour Hindi business channel, was conceived to offer 'information' and 'insight' and bring business and economy coverage to you in your own language.

Oct 15, 2015, 13:41 PM IST

Adani Enterprises surges 13% as Australia re-approves coal mine project

On NSE, shares of the company soared 13 percent to Rs 95.90.

Oct 15, 2015, 13:32 PM IST

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.

Jul 22, 2015, 10:07 AM IST

Adani coal project in Australia runs into controversy: Report

India's mining giant Adani Group's 16.5 billion dollar coal mine project in Australia's Queensland has run into another controversy after reports that senior bureaucrats were sidelined over key decisions on the deal for the venture which was red-flagged by many officials.

Jul 01, 2015, 13:17 PM IST

Adani rejigs Australia coal mine budget due to delays

Adani Mining said on Wednesday it was rejigging the budget on the A$10 billion ($7.72 billion) Carmichael coal mine project in Australia as it faces delays in government approvals.

Jun 24, 2015, 12:27 PM IST

Adani halts work on Australia's Carmichael coal mine project

Adani has signed up buyers for about 70 percent of the 40 million tonnes coal the Carmichael project is due to produce in its first phase, with production expected to begin in late 2017.

Jun 24, 2015, 08:43 AM IST