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PM to meet Adani during Indian visit

Prime Minister Malcolm Turnbull will meet with businessman Gautam Adani during his official state visit to India.

Adani Group chairman Gautam Adani
Prime Minister Malcolm Turnbull will meet with businessman Gautam Adani during his India trip. (AAP)

Prime Minister Malcolm Turnbull insists a decision on a potential loan to finance a rail line for the Adani coal mine in Queensland is going through an independent process.

The $21.7 billion Carmichael project was approved in December but has faced serious opposition from environmental groups.

The federal government is considering a bid from Adani for a $1 billion concessional loan from its Northern Australia infrastructure fund to help build a rail line servicing the mine.

Mr Turnbull told reporters in New Dehli he was looking forward to meeting businessman Gautam Adani during his official state visit to India.


1 min read

Published

Source: AAP



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