Adani Ports chief bullish on future of Australian coal

Original article by Matthew Cranston
The Australian Financial Review – Page: 9 : 15-Nov-19

Adani Port’s CEO Karan Adani says its port operations will be carbon neutral by 2025. Adani’s controversial Carmichael coal mine in Queensland is due to commence shipping 200,000 tonnes of coal a week to India in 2021. India is tipped to overtake China as the largest importer of coal in the mid 2020s. Karan Adani views climate change as an important issue, but he notes that millions of Indians are still burning kerosene and wood. Coal remains the least expensive and most reliable source of electricity in India, while the nation’s former power secretary Ram Vinay Shahi notes that 300 million Indians do not have a reliable source of energy.


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