Adani awards USD 68.30 mn contract to Martinus Rail

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India's Adani Enterprises awarded an A$100 million ($68.30 million) contract to Martinus Rail, an Australian based in the regional city of Rockhampton rail company. The deal aims to support its new thermal coal mine in Queensland state. The construction of Carmichael mine and rail project is on progress and has been lined up as to ramp up activity. Carmichael coal mine: The Australian government approves the Carmichael coal mine in the north of the Galilee Basin in Central Queensland, Australia. The mine was first acquired by Adani in 2010. The project has been estimated to produce 8 million-10 million tonnes of thermal coal a year initially that can cost up to $1.5 billion.  Australian environmentalists said that the Carmichael project is the major cause of climate change concerns in Australia. 

from Current Affairs 2019 for Competitive Exams Current Affairs Today India's Adani Enterprises awarded an A$100 million ($68.30 million) contract to Martinus Rail, an Australian based in the regional city of Rockhampton rail company. The deal aims to support its new thermal coal mine in Queensland state. The construction of Carmichael mine and rail project is on progress and has been lined up as to ramp up activity. Carmichael coal mine: The Australian government approves the Carmichael coal mine in the north of the Galilee Basin in Central Queensland, Australia. The mine was first acquired by Adani in 2010. The project has been estimated to produce 8 million-10 million tonnes of thermal coal a year initially that can cost up to $1.5 billion.  Australian environmentalists said that the Carmichael project is the major cause of climate change concerns in Australia.  https://ift.tt/2BrJNwQ

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