Adani Group Chairman Gautam Adani, whose $22-billion Carmichael coalmine and port cum rail head project in Queensland is facing opposition, says he is hopeful of starting it by August this year.
“We expect the final federal approvals by May-June. We need just about three months from thereon to actually begin the work on the mine. Which means we can kickstart work from August this year,” Adani told PTI in an interview here. Adani said he expects the first coal to come out of the mines by 2020.
The company has nearly halved the first phase of mining project to 25 mt per annum from the original plan of 40mt, he said.