India's Adani Group got approval for its US$16 billion coal mining project in Queensland of Australia. The Carmichael coal project is India's biggest private investment till date in the Asia-Pacific. With six open cut pits and around five mines, the project, spread over around 30,000 hectares of land area will be the biggest in Australia. Being located close to the ecologically fragile Great Barrier Reef, the project invited the ire of environmentalists for obvious reasons. It has eventually been sanctioned with a large number of strict environmental compliance conditions.
