Adani pursuing solar energy project

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Indian mining giant Adani is pursuing a solar power project in Australia after years of delays in building a mega coalmine in central Queensland.

The company has confirmed it is chasing investment opportunities in Australia's solar generation sector, saying it is focusing on potential opportunities in Queensland and South Australia.

However, it has emphasised this won't be at the expense of its planned Carmichael coalmine and associated rail and port projects in central Queensland.

"The reality is that both latest generation thermal coal generators and increasingly efficient solar parks will be required to meet India's rapidly increasing energy demand in the long term," Adani said in a statement.

There have been suggestions Adani will most likely build a solar power station in Moranbah, a small town in central Queensland hit hard by the mining downturn.

"If and when these opportunities come to fruition, Adani will update the market on the value, scope and nature of these investments," the company said about its potential solar projects.


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