India's Adani Mining rejigs US$7.7bil coal mine budget


SYDNEY: India’s Adani Mining said it was rejigging the budget on the A$10bil (US$7.72bil) Carmichael coal mine project in Australia as it faced delays in government approvals.

Adani intends to ship most of the coal from the mine to India for use in generating household power in line with Prime Minister Narendra Modi’s goal to connect all of India to the electricity grid during his tenure.

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Business , Adani , Carmichael , coal mine , Australia

   

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