Published On:June 17 2014
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Australia delays decision on Adani's $15-bn coal project.
Adani Enterprises Ltd. faces a new delay on a planned coal mine in Australia, amid worries that a port expansion to accommodate the project could hurt the World Heritage-listed Great Barrier Reef.
Australian Environment Minister Greg Hunt has extended his review of Adani's A$16.5 billion ($15.5 billion) Carmichael coal and rail project to August 1, a spokesperson for the minister said recently.
'The date for a decision has been extended to ensure the minister can thoroughly consider the large volume of material associated with this project referral,' Hunt's spokesperson said in an email to Reuters.
BS