Adani on Australia coal plans

Adani group is to secure funding for the Carmichael coal mine in Queensland, Australia, by the end of the year. The Adani group aims to start production in 2014 and build up to annual output of 60 million tonnes by 2020. Adani Group could reduce its debt-to-equity ratio to below one by 2015 if its power firm, Adani Power Ltd is allowed by Indian authorities to pass on more of the increasing cost of imported fuel to end users.
Global miners, including BHP Billiton (BHP.AX), Rio Tinto (RIO.AX)

Adani group, Carmichael coal mine in Queensland, Australia, adani power plans