"INDIA needs to quadruple its power generation capacity over the coming years Adani Australia CEO Jeyakumar Janakaraj told a Bowen Basin Mining Club luncheon in Moranbah, while the company prepared a final investment decision on its Carmichael project in Queensland.
He also outlined the $21.7 billion project’s regional content strategy, including an upcoming supplier and employment portal.
“Australia has a natural fit with India as a strategic, long-term partner for nation-building, especially since,” he said.
“India also needs Australia’s agricultural capacity in growing lentils and pulses to feed our people, and we want to create regional jobs in Queensland.
“There are many of these projects which are important for both our countries.
“Adani is a company of balance – we want to generate solar as well as coal-fired power.We operate the world’s largest solar plant in India, and we also want to be a leading renewable power supplier to Australia.”
Janakaraj said “frivolous” legal challenges such as the ones faced by the Carmichael project sent the wrong message for business confidence.
“They discredit Australia and its governance mechanisms to international businesses that are ready to invest in Australia,” he said. “It’s important that we work together to eliminate any further delays, and that involves everyone from government through to suppliers.”"
