Australia approves Adani's $15.46 billion coal development project
Queensland government has approved the proposed AUD 16.5 billion (USD 15.46 bln) coal development project of Indian major Adani Group in the Galilee Basin in the state's central region.
Melbourne: Queensland government has approved the proposed AUD 16.5 billion (USD 15.46 bln) coal development project of Indian major Adani Group in the Galilee Basin in the state's central region.
Gautam Adani's project is expected to be worth $15 billion.
According to media reports here, the Carmichael Coal Mine and Rail project north-west of Clermont will produce up to 60 million tonnes of coal each year and include a 189-kilometre rail line.
The project, which is being run by Adani Mining, would now be going for the Federal Government s final approval. Deputy Premier Jeff Seeney told State Parliament today that it would be the largest coal mine project in Australia and one of the largest in the world. "The project has the potential to create up to 2500 construction and 3900 operational jobs," he said adding "jobs would be significant to the future economic prosperity of that region and to all of Queensland. "It also includes a 189 kilometre rail line, water supply infrastructure, coal handling and processing plant, and off-site infrastructure including workers' accommodation village and airport".
Seeney said the coordinator-general's report will be handed to the Federal Minister for his decision on issues pertaining to the Environmental Protection and Biodiversity Conservation Act under the assessment bilateral agreement. "The coordinator-general has thoroughly assessed all matters of national environmental significance issues and recommended conditions to address every matter," he said. "The proponent will also need to obtain a water licence, mining lease and environmental authority. "The stringent and wide-ranging conditions set by the coordinator-general also include protections for local flora, landholder interests, groundwater resources, the quality of surface water leaving the project site, air quality, and noise and dust levels.
"In relation to groundwater and water bores, Adani will be required to reach make-good agreements with all affected landholders including the identification and provision of alternative water supplies." Seeney said the decision represents another major step forward to unlocking the resource potential of the Galilee basin for the benefit of all Queenslanders.