Adani Enterprises Ltd.

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Adani Enterprises likely to tie up funds with GVK Group: Report

Date: 02-04-2014

Adani Enterprises and GVK Group are reportedly planning to tie up funds for their showcase coal and infrastructure projects in Australia this year or early next year. The GVK and Adani groups are engaged in ambitious projects in Queensland. The company along with GVK group plans to develop coal mines in the Galilee Basin and build a rail link to connect it to Abbot Point port where they plan to build terminals.

Adani Enterprises (AEL) is the flagship company of the Adani Group, it is the country's largest coal importer-turned-domestic private mine developer-cum-operator (MDO). The company is truly a diversified asset backed commodities trader, sourcing, producing, marketing and transporting them across the globe.