ADANI'S BIG COAL PROBLEM

Global coal giant Adani is expanding rapidly.

The Adani Group wants to rebrand itself as a leader on climate change and clean energy in order to access more funds from global banks for its growing empire. But there’s a big problem - Adani are mining, handling, and burning record volumes of coal - the number one driver of the climate crisis. To make matters worse, Adani plans to expand its coal operations, not reduce them.

Adani’s rapid coal expansion is being funded by the world’s biggest financial institutions, including Blackrock, JP Morgan Chase, TIAA, MUFG, the State Bank of India, and HSBC.


Scroll through this page to see the true scale of Adani’s coal business and who’s funding it.

ADANI’S PLANNED COAL EXPANSION

Coal Mines

 


CURRENT

17.5

MILLION TONNES¹


PLANNED

170

MILLION TONNES

Coal Stations

 


CURRENT

12,410 MW


PLANNED

24,470 MW

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Adani is digging the biggest coal mine in Australian history

Adani still plans to dig the biggest coal mine in Australia, extracting up to 60 million tonnes of coal a year for 30 years, and creating 4.6 billion tonnes of carbon pollution. Adani’s coal will be shipped through the Great Barrier Reef via Adani’s Abbot Point coal port and burned in Adani’s Indian coal plants.

Adani’s mine will open the way for at least 8 other mega coal mines in Queensland’s Galilee Basin - one of the largest unexploited coal reserves in the world.

If all these mines go ahead the Galilee Basin alone could produce over 5% of global carbon emissions by 2030².

Carmichael Coal Mine

QLD, AUSTRALIA

Adani’s Carmichael coal mine would be the biggest coal mine in Australian history and open a new coal basin. In addition, Adani’s mine will violate the land rights of the Wangan and Jagalingou people; drain tens of billions of litres of water every year -threatening the survival of the ancient Doongmabulla Springs; drive the extinction of endangered species such as the Black-Throated Finch; and lead to hundreds more coal ships travelling through the Great Barrier Reef every year. Adani is slowly constructing its coal mine and rail despite being at least 7 years behind schedule and billions of dollars in debt. Over 100 major companies have refused to be involved with the project and Adani is struggling to secure insurance.


North QLD Export Terminal (Abbot Point)

QLD, AUSTRALIA

Adani Group companies operate the 50 million tonnes per annum coal export terminal at the Port of Abbot Point in Queensland, Australia.³ The terminal currently services thermal and coking coal mines in the Bowen Basin and has contracted export capacity to Adani’s proposed Carmichael mine. Adani needs to repay or refinance large debts on the port, which it is struggling to do. In August 2020 Adani was forced to pay out $100M to four customers of its Abbot Point coal port after a Supreme Court judge found Adani had engaged in 'unconscionable conduct' and dishonest behaviour to exploit its customers.


Adani is building new coal ports, mines and power stations in India

The Adani Group is the biggest private coal company in India — operating a vast network of coal ports, mines, power plants, transport and transmission infrastructure. The Adani Group is planning to significantly increase coal operations in India.

Use this interactive map to find project-specific information for Adani's current and proposed coal projects.


COAL PORTS

ADANI’S COAL PORTS HANDLED OVER 70MT OF COAL IN 2020⁴

Adani Ports claim its business will be “carbon neutral” by 2025, despite the company owning the world’s biggest coal import terminal in Mundra, handling increasing volumes of coal at its ports, and planning further increases through new ports and expansions.

COAL MINES

ADANI PLANS TO BE ABLE TO DIG OVER 100 MILLION TONNES OF COAL EVERY YEAR IN INDIA

Adani Enterprises is already the largest private coal mining company in India, with huge expansion plans. Adani purchased the rights to dig two new coal mines in 2021. Many of Adani’s proposed coal mines are in forest areas of deep cultural significance to local Indigenous communities and provide a home for some of the world’s most loved and endangered wildlife.


Total planned coal production:

170 MILLION TONNES
MINED EVERY YEAR

COAL Stations

ADANI OPERATES SIX COAL-BURNING POWER STATIONS, WITH MORE PLANNED

Together these power stations burnt through over 40 million tonnes of coal last year, spewing over 58 million tonnes of carbon emissions into the atmosphere.¹⁰

More than the total fossil fuel emissions of many entire nations including Serbia, Peru, Portugal, Singapore and Hong Kong.¹¹

When much of the world is closing coal-fired power plants, Adani is planning to build 6 more coal plants and coal plant expansions that will double their coal generation capacity. ¹²


Total planned coal generation:

24,470 MW

Who’s funding Adani’s coal expansion?

The Adani Group is funded by the world’s biggest investors. These investors are enabling Adani’s massive coal expansion -but they have the power to stop it. They can push Adani to stop building new coal. And, if Adani refuse, they can refuse further funding and divest.

Tell Adani’s investors to stop investing in Adani, until Adani stops investing in coal.

The Adani Group is digging the biggest coal mine in Australian history, and building new coal ports, mines and power stations in India. At the same time they are seeking billions of dollars of funding from some of the world’s biggest investors. These investors are enabling Adani’s climate-wrecking coal expansion and must take action to stop it.

Take action

Sources

¹ Adani Enterprises Q4 FY21 Performance Highlights, page 24

² Climate Analytics, Evaluating the significance of Australia’s global fossil fuel carbon footprint, April 2019

³ North Queensland Bulk Ports Corporation

⁴ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

⁵ Adani Group Facebook Post, November 23rd 2020

⁶ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

⁷ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

⁸ Adani Enterprises Limited Q3 FY21 Earnings Call, 3 February 2021, page 3

⁹ Adani Enterprises Ltd Q4 FY21 Performance Highlights

¹⁰ Adani Power ESG report 2019 -20. Page 44 and 50. Data for the year ending March 2020.

¹¹ Global Carbon Budget 2020, Fossil fuel COemissions for 2019

¹² https://www.adanipower.com/upcoming-power-plants

¹³ https://www.adaniports.com/-/media/Project/Ports/PortsAndTerminals/Mundra-Documents/Environmental-Statement-Form-V/West-Port-FORM-V-2019-20.pdf

¹⁴ The Adani Brief, Environmental Justice Australia

¹⁵ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -2016

¹⁶ Ibid

¹⁷ Adani Ports unveils ‘Mundra-like’ ambitions for Dhamra Port, The Hindu Business Line, 9th October 2019

¹⁸ Adani Ports unveils ‘Mundra-like’ ambitions for Dhamra Port, The Hindu Business Line, 9th October 2019

¹⁹ https://www.gem.wiki/Dahej_Port

²⁰ https://www.gem.wiki/Tuna_Tekra_Port

²¹ Illegal and unnecessary -but Adani Port proposal makes it to public hearing stage, The Wire, January 2021

²² Ibid

²³ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

²⁴ Goa allows dirty coal handling facility to restart so it can study how bad the pollution actually is, Scroll.in, 8 July 2018

²⁵ Mollem: The battle to save a biodiversity hotspot in India's Goa, BBC, 29 November 2020

²⁶ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

²⁷ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

²⁸ Kerala protests against Adani’s agenda widen, AdaniWatch, 23 January 2021 

²⁹ https://www.gem.wiki/Krishnapatnam_Port

³⁰ The Economic Case for Adani to Lead India’s Domestic Energy Strategy, IEEFA, November 2020“The acquisition of Krishnapatnam Port by Adani Ports in October 2020 highlights the Adani Ports business continues to expand its aggregate coal handling exposure in absolute terms, with the newly acquired port in AndhraPradesh generating 63% of its volume throughput in FY2020 from coal imports”

³¹ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -20

³² Adani’s latest port investment poised to reconfigure India maritime play, JOC, 11 March 2021

³³ https://www.gem.wiki/Gangavaram_Port

³⁴ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

³⁵ India’s ancient tribes battle to save their ancient forest home from mining, The Guardian, 10 February 2020

³⁶ Adani and the elephants of the Hasdeo Aranya forest, AdaniWatch, 25 June 2020

³⁷ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

³⁸ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

³⁹ Odisha Tribals Camp Against Tree Felling in Talabira for Adani-Operated Coal Mine, LandConflictWatch, 29 February 2020

⁴⁰ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

⁴¹ Ibid

⁴² Ibid

⁴³ Ibid

⁴⁴ Ibid

⁴⁵ Adani Enterprises wins coal mining contract from MAHAGENCO, Mining Technology, 5 April 2021

⁴⁶ Ibid

⁴⁷ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

⁴⁸ Why Adani Group has placed the highest number of bids in India’s coal mine auctions, scroll.in, 3 November 2020

⁴⁹ Adani Enterprises Q4 FY21 Performance Highlights

⁵⁰ Why Adani Group has placed the highest number of bids in India’s coal mine auctions, scroll.in, 3 November 2020

⁵¹ Adani Enterprises Ltd Q3 FY21 Performance Highlights, February 2021, page 22

⁵² Adani Power ESG report 2019 -20, page 8

⁵³ Central Electricity Authority: CO₂Baseline Database 15th Version

⁵⁴ The Adani Brief, Environmental Justice Australia

⁵⁵ Adani Power ESG report 2019 -20, page 8

⁵⁶ https://www.adanipower.com/upcoming-power-plants

⁵⁷ https://www.adanipower.com/upcoming-power-plants

⁵⁸ Adani Power ESG report 2019 -20, page 859

⁵⁹ Ibid

⁶⁰ Ibid

⁶¹ Adani power plant and coal plans threatened by landowner court action, ABC, 10 July 2020

⁶² Adani Power ESG report 2019 -20, page 8

⁶³ https://www.countercurrents.org/napm161115.htm

⁶⁴ Adani Power ESG report 2019 -20, page 8

⁶⁵ Ibid

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