Adani Group's Australian arm discovers coal at Carmichael mine
COAL & MINING

Adani Group's Australian arm discovers coal at Carmichael mine

Adani Group's Australian arm Bravus Mining has struck coal at the Carmichael mines in Queensland. The Bravus Mining & Resources and Australian mining division announced that despite being caught in several protests by global environment activists and conservationists, they have struck coal in the Carmichael mines.

The Multinational conglomerate company Adani has become the first Indian company to start a greenfield mine in Australia.

While announcing the coal discovery, Bravus CEO David Boshoff said the company encountered various hurdles along the process. Boshoff cited that the hard work of the team helped overcome these hurdles. Almost two years ago, they received the final approval to develop the Carmichael mine and rail project. There are more than 2,600 people on the project in Australia.

As announced earlier, Bravus will export the first coal packet in 2021. It has already ensured the market for 10 million tonnes per annum of the generation at the Carmichael mine. India will remain its major destination.

Gautam Adani shared on social media that he is proud of his determined team, who mined Carmichael's first coal in the difficult odds.

Image Source


Also read: Vedanta emerges as successful bidder for coal block in Odisha

Also read: Ministry of Coal revises timelines for second tranche of coal auctions

Adani Group's Australian arm Bravus Mining has struck coal at the Carmichael mines in Queensland. The Bravus Mining & Resources and Australian mining division announced that despite being caught in several protests by global environment activists and conservationists, they have struck coal in the Carmichael mines. The Multinational conglomerate company Adani has become the first Indian company to start a greenfield mine in Australia. While announcing the coal discovery, Bravus CEO David Boshoff said the company encountered various hurdles along the process. Boshoff cited that the hard work of the team helped overcome these hurdles. Almost two years ago, they received the final approval to develop the Carmichael mine and rail project. There are more than 2,600 people on the project in Australia. As announced earlier, Bravus will export the first coal packet in 2021. It has already ensured the market for 10 million tonnes per annum of the generation at the Carmichael mine. India will remain its major destination. Gautam Adani shared on social media that he is proud of his determined team, who mined Carmichael's first coal in the difficult odds. Image Source Also read: Vedanta emerges as successful bidder for coal block in Odisha Also read: Ministry of Coal revises timelines for second tranche of coal auctions

Next Story
Real Estate

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Next Story
Infrastructure Energy

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Next Story
Infrastructure Energy

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?