Adani Enterprises has revealed that it will invest $4bn to develop mining infrastructure and logistics at its recently acquired mine in the Galilee Basin of Queensland, Australia.
The investment will also cover the development of a rail link and a coal terminal in a port.
Adani acquired the coal mine, which has thermal coal deposits at 7.8 billion tons, for $2.7bn in August.
The mine will initially produce 30 million tons, reaching a peak output of 50 million tonnes within 12 months, reports Business Standard.