Gautam Adani and Adani Group are in trouble these days. Meanwhile, a happy moment has come for him. Former Prime Minister of Australia Tony Abbott says that he is respected a lot. Know what is the whole matter
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Industrialist Gautam Adani (Gautam Adani) and Adani Group (Adani Group) Currently going through a bad phase. Meanwhile, a happy moment has come for them. Former Prime Minister of Australia Tony Abbott (Tony Abbott) says that he has a lot of respect for Gautam Adani and his group. After all, what is the meaning of this thing…
Hindenburg Research (Hindenburg Research) Adani Group’s bad times have started since the report came. The shares of group companies have crashed, so there has been a tremendous decline in Gautam Adani’s net worth.
Regulators will do their work
Responding to the allegations against the Adani group, former PM Tony Abbott told reporters here that he has great respect for Adani and his group. The concerned regulators will investigate the allegations leveled against them and do their work.
On Adani group’s investment in Carmichael coal mine project, he says that the coal produced from these mines will definitely boost electrification in India. He said, ‘I am in favor of Adani mine. I thank Adani and his team that they have done a lot to provide electricity to Indians, employment and prosperity to Australia.
had condemned the court’s decision
Former Prime Minister Tony Abbott is considered a supporter of the Adani Group in Australia. He also supported the Carmichael coal mines in Australia to the Adani group. In 2015, when an Australian court ruled against Adani’s coal mine project, he condemned the decision as the Prime Minister of Australia.
Tony Abbott said, ‘As far as I believe Adani is a person who does good to Australia. I am convinced of his success in reaching the floor and building a wide business empire.
Adani got the contract in 2019
In 2015, a local court rejected Adani’s environmental clearance for the Carmichael coal mine project. After this, Tony Abbott publicly described it as a ‘shock to the wider world’. Later in the year 2019, the Adani group got the final permission for the Carmichael coal mine project.
The coal mine that Adani Group is developing in Queensland, Australia is one of the largest coal mines in the world. The coal obtained from this mine is regularly supplied to the power plants of India.