Adani To Spend $300 Mn On Aus Solar Plants; Secures Land Deals

MELBOURNE: Indian energy giant Adani Group has struck land deals in Australia to build two solar plants collectively valued at USD 300 million in a bid to develop 1,500 MW renewable capacity in five years, even as a court today dismissed appeals against its USD 16 billion coal and mine project. 

The contraction of AUD 200 million (USD 150 million approximately) each solar plants in south Australia's Whyalla region and in Moranbah in the east of Australiawill begin late next year, the company said.

The Whyalla project is to be completed in an year and is expected to create350 jobs. It will involve a 120 MW solar generation plant, with potential capacity of up to 150MW, which would make it one of the largest solar farms in Australia. 

The company said it has secured a land deal with Whyalla city council for the project. 

Adani aims to develop renewable energy projects in Australia with a capacity of 1,500 MW in the next five years. Its CEO of Australian operations, Jeyakumar Janakaraj, said Adani looked forward to working with the Whyalla community to enhance the South Australian renewable energy industry. 

"This is great news for Whyalla. For many years we have promoted Whyalla as a perfect location for solar energy production. We have sun, land, a skilled workforce and a supportive community. Those attributes have attracted theinterest of Adani," said Giles lawmaker Eddie Hughes. 

"Construction of the plant will provide a boost to employment and it will provide one element in what is shaping up to be a much brighter future next year," he said. 

Whyalla Mayor Lyn Breuer said the council looked forward to the economic benefits the project would bring. "Whyalla City Council strongly supports renewable projects, and we believe Adani's solar generator project will bring major benefits to the City of Whyalla and the region as a whole." 

Adani saidthe solar projects will bein addition to its investment in the planned Carmichael coal mine in Queensland's Galilee Basin and rail and port facilities. 

The Australian Supreme Court today dismissed appeals lodged bythe Indigenous community member Adrian Burragubba as well asBrisbane-based environmental group Coast and Country against the company's AUD 21 billion (USD 16 billion) coal and mine project. 

Justice John Bond dismissed the group's challenge to the environmental approval and Adrian Burragubba's challenge to a Native Title Tribunal's decision regarding the mine. 

In a statement issued here, Adani Group welcomed the court decisions and said the decisions were "further positive steps towards starting work in the September Quarter 2017 on the Carmichael Mine in central western Queensland and associated projects.
(Reopens FGN 9) 

Adani said it would now examine the full decision documents and make no further comment. 

But Burrangubba vowed to continue its struggle against the project saying, "wewill not be halted in our fight to protect our land and water...Further appeal being considered, full bench of the Federal Court still to rule." 

Today's decision "only strengthens our resolve and proves how worthless the state considers our common law native title rights to be," Burragubba added. 

Burragubba and four other members of the W&J Council hadsought a judicial review of the Mines Minister's decision to issue mining leases for the Carmichael Coal Mine. 

Adani has constructed 793 MW of solar plant in India to date, including one of the world's largest solar plants at Tamil Nadu in southern India which has a capacity of 648MW. 

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