By Neena Bhandari
Sydney, 18.04.2016 (India Climate Dialogue): As coal prices slump and demand dips — and notwithstanding the continuing legal challenges by environmental and indigenous groups — the Queensland government has approved three mining leases for Adani Mining Pty Ltd’s (AMPL) Carmichael coal mine, rail and port project. Touted as Australia’s largest coal mine, the AUD 16.5 billion (USD 12.5 billion) project has been labelled “commercially unviable”. There are fears that it could also impact local communities as well as the Great Barrier Reef.
The three mines for which leases were granted on April 3, 2016 contain an estimated 11 billion tonnes of coal that can be used for power plants. AMPL, a subsidiary of India-based Adani Enterprises Ltd, has announced that it hopes to begin construction next year and focus “on the conclusion of second tier approvals and resolution of legal challenges”.