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Adani looking for foreign coal mines amid challenges in Australia

We have a mine in Indonesia, and we are looking for more options there: Rajendra Singh,

Reuters  |  Bambolim, India 

Indian resources conglomerate Adani Enterprises Ltd is looking to buy mines in countries such as Indonesia, a company executive told Reuters on Wednesday, despite its struggles to develop a controversial coal project in Australia. The company already owns a coal mine in Indonesia but has been unable to secure financing for the long-delayed Carmichael mine in Australia amid numerous court challenges from environmental groups concerned about climate change and potential damage to the Great Barrier Reef. "We have a mine in Indonesia, and we are looking for more options ...

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First Published: Wed, February 14 2018. 21:48 IST
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