Adani Enterprises could wait up to two years for Carmichael mine approval
Updated : February 21, 2019 03:44 PM IST
Adani said in November that it would fund the mine and rail project itself, requiring the company to cut the initial plans for the mine to around a quarter of its original size, after banks buckled to pressure from investors worried about climate change.
Environmental activists have contested the project since it was first proposed eight years ago because of concerns about global warming and its potential impact of its port operations on the Great Barrier Reef.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more