Adani's Carmichael coal rail line may not be eligible for government funding

Protesters rally in Melbourne on Monday after the
 federal government granted Indian company
Adani conditional approval of a $1bn loan
for a rail line between the Carmichael coalmine
and a port in north Queensland. 

Doubts have emerged over the eligibility of Adani’s rail link for public funding as the company pushes ahead with plans for the controversial Carmichael coal project with a promise of 600 jobs at a new operational headquarters in Townsville.

The Queensland premier, Annastacia Palaszczuk, said “you can’t get the smile off my face” when commenting on the news of the potential in a television interview.

The Indian conglomerate’s announcement on Tuesday of new operational headquarters in Townsville comes days after it gained conditional approval of a $1bn federal loan for a coal rail line. It heralds new momentum for a project that has been fiercely resisted by environmental groups and traditional owners.

Read The Guardian story - “Adani's Carmichael coal rail line may not be eligible for government funding.”