​Adani Group starts coal export from Australian mine to India

Photo ​​David Maurice Smith/The New York Times/Redux
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The Adani Group, owned by India's second richest man, has started to export high quality, low sulfur  coal form the Carmichael mine, which it owns in Australia after successfully winning a seven-year campaign to stop it exporting coal. The company hope to export 10 million tonnes of coal per year to India to feed its need for Coal, providing up to 70% of the country's electricity. Australia will do well from the deal in collecting significant taxes from the sales of the coal.

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