Australia's green political party on Wednesday warned the government for approving India's Adani group's plan to expand a major coal port on the fragile Great Barrier Reef coast, saying it will hasten the death of the natural wonder, a World Heritage site.
However, Adani Australia has clarified on its Facebook page on Monday that in terms of quality of the coal it is almost 50 per cent better than that used domestically.
90 prominent Australians warn Indian energy giant Adani that its controversial coal mine project in Queensland could damage bilateral ties and even affect sporting links.
The $16.5 billion Carmichael coal mine project when completed would be one of the world's largest.
Reports said that Adani took legal action to override the W&J people.
The Adani group had applied for the Northern Australia Infrastructure Facility loan for building the 388-km rail line to connect the Carmichael coal mine to the sea port.
"I am proud to announce the project has Final Investment Decision (FID) approval which marks the official start of one of the largest single Infrastructure -- and job creating -- developments in Australia's recent history," Gautam Adani said.
Sources said Adani had not been able to tie up any financing for the coal project
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
Adani's $15-billion Carmichael coal mine is stuck since 2010.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
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