Adani Enterprises to expedite its projects

Adani Enterprises to expedite its projects

Adani Enterprises has hired consulting firm Parsons Brinckerhoff to provide quality control and audit services for engineering, procurement and construction contracts for its long-delayed A$7 billion ($6.2 billion) coal mine, rail and port project in Australia. The company plans to start production by the end of 2017.

Earlier with coal prices at five-year low and up to a third of all Australian production running at a loss, Adani had shelved new coal projects in Australia. Now the company wants to pick-up speed and expedite its pending project. "We are well placed to commence construction in the first quarter of 2015 in line with our guidance of first coal in 2017," said Adani Mining divison´s Chief Executive, Jeyakumar Janakaraj. Adani Mining is a unit of Adani Enterprises.

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