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 massively 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.
Adani's Carmichael coal mine has approval to extract up to 60 million tonnes of coal a year for 90 years - creating 4.6 billion tonnes of carbon pollution. Adani’s coal is shipped through the Great Barrier Reef via Adani’s NQXT coal port and burned in Adani’s Indian coal plants.
Adani’s mine could 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.
Adani's Carmichael coal mine is probably the most contested and controversial project in Australia's history. Adani’s mine is violating the land rights of the Wangan and Jagalingou people, who have never given their free, prior and informed consent to the mine. The mine will 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 began exporting small amounts of coal from Carmichael in 2022 - 8 years behind schedule. Over 110 major companies have refused to be involved with the project and Adani is struggling to secure insurance.
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.
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.
Adani Enterprises is already the largest private coal mining company in India, with huge expansion plans. Adani is aggressively acquiring new coal mines, having purchased the rights to dig at least eight new coal mines since 2020.⁸ 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.
170 MILLION TONNES
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
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.
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
¹ Adani Enterprises, 'Annual Report 2021 - 2022'
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 CO₂emissions for 2019
¹⁴ The Adani Brief, Environmental Justice Australia
¹⁵ Adani Ports and Special Economic Zone, Integrated Annual Report, 2019 -2016
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
²¹ Illegal and unnecessary -but Adani Port proposal makes it to public hearing stage, The Wire, January 2021²² 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
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
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
⁴⁵ Adani Enterprises wins coal mining contract from MAHAGENCO, Mining Technology, 5 April 2021
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
⁵⁸ Adani Power ESG report 2019 -20, page 859
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
⁶⁴ Adani Power ESG report 2019 -20, page 8