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Adani Enterprises Applies To Australian Govt Fund For Coal Mine Railway Financing

Adani Enterprises Applies To Australian Govt Fund For Coal Mine Railway Financing

Monday, March 13, 2017, 2:43 PM

Adani Enterprises has applied for financing from an Australian infrastructure fund to build a rail line that is part of a $16-billion coal project in the state of Queensland, Australia's resources minister said. Financing from the A$5 billion Northern Australian Infrastructure Facility (NAIF) would offer a boost to Adani after some major banks said they would not participate in the controversial coal project.
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