Adani awards Downer EDI $2 billion coal contract

Downer EDI has won a $2 billion contract for works at Adani’s Carmichael coal mine in Queensland’s Galilee Basin.

Downer said it had received two letters of awards from Adani for the construction of mine infrastructure and mining services at the site.

The contracts are set to run for seven years and are subject to the companies executing binding contracts.

Construction of the mine is set to commence later this year, with first coal slated in 2017.

The Carmichael project holds more than 11 billion tonnes of thermal coaland Adani Mining chief executive Jeyakumar Janakaraj said it will create 10,000 jobs and hand $22 billion to the state government in taxes and royalties.

The mine, which was approved in July, will produce 60 million tonnes a year for 60 years.

Environmental groups are opposed to the project, and have taken Adani to court in order to stop its construction.