Adani gives final approval to controversial Aus coal project
Adani Group will proceed with its $16.5 billion Carmichael coal project in Australiaâs Queensland after its board approved a final investment decision. Chairman Gautam Adani called it a historic day for Queensland and for Indian investment in Australia. Notably, Adani, which invested $3.3 billion in the project, faced opposition that Australiaâs largest coal project will increase carbon pollution.