Despite facing oppositions, Indian Adani conglomerate is pushing ahead with their plan of building Australia’s largest coal mine. The $4B Carmichael mine project has become controversial (some of its lenders including the Deutsche Bank have decided not to fund Adani for a port development linked with the mine).
In India, Adani has turned out to be a leader in the country’s booming solar energy market. As of March 2017, the company held its position as India’s largest solar energy developer with a total portfolio of 2,000MW, according to a report by the consultancy firm Bridge to India released in June.
The Adani Group is also the largest thermal power producer in India and is planning to build 10,000MW of solar power capacity by 2022.