May 17, 2018 Read More →

Adani’s Carmichael Coal Project Takes Another Hit

The Guardian:

The global engineering company AECOM, the firm that had been designing Adani’s $2.2 billion rail line to its Carmichael coal mine, says that it has “demobilised” and is no longer working the project with the Indian conglomerate–but Adani says it is still “100% committed to the Carmichael project.”

Engineering design contracts often have several milestones at which point the design is reviewed and the project then moves to another phase. The AECOM contract was ended at such a milestone with all contracts honoured. But sources have told Guardian Australia the expectation had been that AECOM would shepherd the rail project to its conclusion.

Adani remains silent on its attempts to finance the Carmichael project, having missed two deadlines, the most recent in March.

AECOM’s departure from the project comes amid increasing uncertainty around Adani’s ability to finance the Carmichael coalmine. The company had sought assistance for its rail project through the Northern Australia Infrastructure Facility (NAIF) but the Queensland premier, Annastacia Palaszczuk, has vetoed a federal loan.

A spokesman from AECOM told Guardian Australia the company was no longer working on the Adani rail project. “Our people have demobilised,” he said. “We’ve handed over our design to the client. It’s up to them what happens after this.”

Guardian Australia understands AECOM stopped working on the project after the engineering design company was unable to gain access to key sites in order to progress its design work. The reasons for that are unclear.

More: Carmichael Rail Line: Engineering Firm Says It Has ‘Demobilised’ From Adani Project

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