Adani Enterprises jumps 5.7% on investment approval

Rajalakshmi S Updated - January 12, 2018 at 02:09 PM.

adanis

Adani Enterprises gained on investment approval for Australia coal mine.

Shares of Adani Enterprises rose as much as 5.7 per cent, highest in one week.

The company gave final investment approval for $4 billion Carmichael coal mine and railway in Australia's north, shifting focus to fund-raising for the controversial project

The project will create 10,000 direct and indirect jobs, Adani said on Tuesday.

Coal from Carmichael mine will be exported to India.

Published on June 6, 2017 05:09