Community Engagement - Sustainable Outcomes - Long Term Value Creation
Adani Chairman, Gautam Adani, today gave the “green light” for the Carmichael mine and rail projects in Central Queensland.
“I am proud to announce the project has Final Investment Decision (FID) approval which marks the official start of one of the largest single Infrastructure – and job creating – developments in Australia’s recent history,” Mr Adani said.
“This is an historic day for Adani, an historic day for regional Queensland, and an historic day for Indian investment in Australia.
“This is the largest single investment by an Indian corporation in Australia, and I believe others will follow with investments and trade deals.
“We have been challenged by activists in the courts, in inner city streets, and even outside banks that have not even been approached to finance the project.
“We are still facing activists. But we are committed to this project.
“We are committed to regional Queensland and we are committed to addressing energy poverty in India.”
Mr Adani said the Carmichael projects will generate 10,000 direct and indirect jobs, with pre-construction works starting in the September Quarter 2017.
Queensland Premier, Annastacia Palaszczuk, today officially opened Adani’s Regional Headquarters (RHQ) in Townsville from where the company will oversee the construction and operations of the project. The RHQ will also accommodate Adani’s Remote Operations Centre, the first time that such a centre has been deployed in an Australian regional city.
The Prime Minister, Malcolm Turnbull, was represented at the ceremony by the Federal Minister for Northern Australia and Resources, Senator Matt Canavan.
Australia Head of Country and Chief Executive, Jeyakumar Janakaraj, said the company had already invested $3.3 billion in the project including buying the bulk coal handling port at port of Abbot Point
Adani today signed letters of award for design, construction, operations, supply of materials and professional services.
The biggest deal is with Downer Mining for the construction and operation of the Carmichael mine.
The company has also announced in the past few weeks contracts totalling more than $150 million for railway tracks and concrete sleepers for the planned 388-kms standard gauge rail link between the mine and Abbot Point.
Importantly, these contracts had gone to regional cities to generate jobs - $74 million for railway tracks (Arrium Steel, Whyalla) and $82 million for sleepers (Austrak, Rockhampton).
Mr Janakaraj announced a further contract for the Carmichael Rail Network linking Galilee Basin mines including our mine to the port of Abbot Point.
This contract is with AECOM, who are regionally based here in Townsville.
The AECOM deal, which covers surveying and design for the rail link, with the company basing 70 people in Townsville.
“But we are building more than a rail line,” Mr Janakaraj said.
“We are building a line that will open the Galilee Basin, linking that massive coal reserve to markets around the world, generating power, and – importantly – generating many thousands of direct and indirect jobs in regional Queensland.
“In Adani’s case, it will link its Carmichael coal mine to our bulk loading facility at the port of Abbot Point from where it will be shipped to Adani’s power stations in India.
“While some may be looking for ways to leave regional Queensland, we are looking to the future. We are looking to ensure regional Queensland remains a great place to live, work and to raise a family.
“To achieve that, Adani is delivering on its promise to address power poverty for hundreds of millions in India and unacceptably high unemployment in regional Queensland.
“To those activists who sit in creature comfort and criticise us, I ask a simple question – what are you doing for those people?”
Adani - Empowering Communities
Adani - Making A Difference
Adani Australia is part of the Adani Group, a global leader in resources, logistics, infrastructure and energy. The Adani Group is among the world’s fastest-growing organisations of the past 25 years.
With a focus on nation-building, the Adani Group has invested more than $US40 billion in infrastructure initiatives in the past decade, including the world’s largest single-site solar generation plant in Tamil Nadu, and India’s first supercritical thermal power plant at Mundra, Gujarat.
Adani Australia’s businesses include resources, infrastructure, solar and agriculture, strengthening ties between Australia and India.
The Adani Group is one of India's leading business houses, with revenue of approximately $9.4 billion for the 2013-14 financial year. Adani is a globally integrated infrastructure player with businesses spanning coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, as well as gas distribution.
Adani entered the Australian market in 2010, with the intent to open Queensland’s Galilee Basin, unlocking the coal resources within. A unique aspect of the mine’s development is the ‘pit-to-plug’ strategy, insulating the coal from fluctuations in the global market, as well as capitalising on Adani’s infrastructure strengths and capabilities to build a multi-user rail line to the site.
Since then, Adani has expanded its investment into Australia with the acquisition of the Abbot Point Coal Terminal in 2011, the purchase of the Abbot Point BulkCoal Operating business in 2016 and the entry of the Adani Renewables business in 2016 with a focus on large-scale renewable energy projects.
The Carmichael mine, rail and port project has since been a vehicle to invest billions of dollars, both in the project and Queensland’s economy. With success comes responsibility, so we take care to reinvest in protecting and developing the communities that we operate within.
"To be a global leader in the integrated resource, logistics and energy business through sustainable, innovative and responsible value creation."
Adani’s vision is to be a global leader in the integrated resource, logistics and energy business through sustainable, innovative and responsible value creation. Supporting this vision is our commitment to building and operating our Australian projects to achieve long-term sustainable outcomes.
Carmichael Coal MineProject
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Adani’s vision is to be a global leader in the integrated resource, logistics and energy business through sustainable, innovative and responsible value creation.
Supporting this Vision is our commitment to building and operating our Australian projects to achieve long term sustainable outcomes.
Adani’s path towards a sustainable business will leverage from our core values, ensuring we deliver against our regulatory and company commitments, we earn, create and sustain long-term socio-economic value.
Adani has chosen to align our Sustainability Strategy against the UN Sustainable Development Goals, and we will measure and report against these indicators as our businesses develop.
Social Responsibility & Communities
Health & Safety
Adani recognises the importance of job creation and the delivery of economic benefit to regional Queensland. Through the Adani Regional Content Strategy (ARCS) program, Adani will provide employment, supply and contracting opportunities for regional workers and businesses to participate in Adani’s Carmichael Project.
The ARCS programme has three key pillars:
1. Efficient Market
Identifying where the capability and capacity exists in the regional labour pool and supply chain to service the Carmichael project during both construction and operations.
Adani’s employment and sourcing strategy is to source from multiple towns across the state, building a long-term partnership with regional Queensland.
Our plan is to have three distinct project regions along with multiple project and procurement sourcing centres in surrounding areas. We are committed to ensuring that regional Queensland gains economic benefit, with full, fair and reasonable opportunity to win work across our projects.
Regional sourcing for the Carmichael project will be based around the 10 regional council areas represented below, with a wider Australian local sourcing approach also incorporated.
Adani recognises the importance of supporting jobs in regional Queensland. We have partnered with the uWorkIn job portal to establish a single point of employment contact for Adani and our suppliers and contractors to connect with workers who live in regional Queensland.
This will now be the official gateway for the various job opportunities that become available within the entire Adani Australia supply chain and our host communities. Adani Australia will not be utilising any other portals, nor will we ask you to pay for training or portal registration.
Please take the time to register your details on the Adani uWorkIn database. By registering, you will be automatically notified when jobs relating to our projects become available.
Adani Australia is committed to ensuring regional communities have a full, fair and reasonable opportunity to win work across the Adani Australia mine, rail, solar and port projects.
Adani Australia will be utilising the EconomX portal for registration of suppliers. By creating a profile, you will be registering your interest in the Adani Australia supply chain, and you will automatically receive notifications of opportunities as they arise, as well as general project updates.
We strongly believe that regional content is a shared responsibility between Adani and the economic development organisations of regional Queensland.
Regional Queensland and Adani have a strong future together. Over the past seven years we have worked hard to develop relationships with regional economic development organisations, community groups, council and charities. Together we can continue to work together and build partnerships for the future, ensuring that regional Queensland ultimately benefits.