Adani forced to make writedowns on Carmichael

DELAYS and legal challenges to Adani’s proposed $16.5 billion Carmichael project in Queensland have led to the Indian parent company writing down 896.4 million rupees or US$13.3 million on its accounts.

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Adani forced to make writedowns on Carmichael Adani forced to make writedowns on Carmichael Adani forced to make writedowns on Carmichael Adani forced to make writedowns on Carmichael Adani forced to make writedowns on Carmichael
Adani Enterprises said in a Mumbai stock exchange filing that its Australian Adani Mining subsidiary had booked the impairment charge in the March quarter.