DOCSLIB.ORG

Carmichael Coal Mine: a Case Study

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Carmichael Coal Mine: a Case Study Law Environment and Development JournalLEAD A CASE STUDY OF THE CARMICHAEL COAL MINE FROM THE PERSPECTIVES OF CLIMATE CHANGE LITIGATION AND SOCIO-ECONOMIC FACTORS Sandra Cassotta, Vladimir Pacheco Cueva & Malayna Raftopoulos ARTICLE VOLUME 17/1 LEAD Journal (Law, Environment and Development Journal) is a peer-reviewed academic publication based in New Delhi and London and jointly managed by the Law, Environment and Development Centre of SOAS University of London and the International Environmental Law Research Centre (IELRC). LEAD is published at www.lead-journal.org [email protected] ISSN 1746-5893 ARTICLE A CASE STUDY OF THE CARMICHAEL COAL MINE FROM THE PERSPECTIVES OF CLIMATE CHANGE LITIGATION AND SOCIO-ECONOMIC FACTORS Sandra Cassotta, Vladimir Pacheco Cueva & Malayna Raftopoulos This document can be cited as Sandra Cassotta, Vladimir Pacheco Cueva & Malayna Raftopoulos, ‘A Case Study of the Carmichael Coal Mine from the Perspectives of Climate Change Litigation and Socio-Economic Factors’, 17/1 Law, Environment and Development Journal (2021), p. 55, available at http://www.lead-journal.org/content/a1704.pdf Sandra Cassotta, Associate Professor in International, Environmental and Energy Law, Department of Law, Aalborg University, E-mail: [email protected]. Vladimir Pacheco Cueva, Associate Professor, School of Cultural and Society, Aarhus University. Malayna Raftopoulos, Associate Professor in Development Studies and International Relations/Latin American Studies, Department of Politics and Society. Published under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International Unported License TABLE OF CONTENTS 1. Introduction 57 2. The Background of the Carmichael Coal Mine Project 57 2.1 The Regulatory Framework for Mining in Queensland 59 2.2 Climate Change Science and Australian Responsibility to Climate Change 60 2.3 Legal Elements of the Approval Process in Climate Change Litigation: Advancements and Regressions 62 2.3.1 Causation 63 2.3.2 Cumulative Emissions 63 2.3.3 Precautionary Principle 64 2.3.4 Market Substitution Agreement 64 2.3.5 Public Interest 66 3. Climate Change Litigation Linked with an Economic, Social, Public Participation and Stakeholders approach 66 4 Economic factors to take into account in the case of Carmichael Coal Mine 67 4.1 Mining Royalties 67 4.2 Tax 68 4.3 Employment 69 4.4 Public Debt 70 5 Conclusion 71 Law, Environment and Development Journal By using the Carmichael Coal Mine as a case study, the purpose of this paper is to explore and analyse climate change litigation in a systemic legal and socio- economical approach. It will focus on the current 1 challenges and potentials of the Australian legal INTRODUCTION framework and the jurisprudence of climate change litigation. The aim is to advance toward a more In 2010, Adani Mining Pty Ltd (Adani) proposed the conscious global approach to designing regulations development of what would become one of that can consider and balance direct economic benefits Australia’s most controversial mining projects. Known for the local economy, and global environmental as the ‘Carmichael Coal Mine’ (sometimes referred in concerns and global common vision about how to the Australian media as the ‘Adani Mine’ or ‘Adani manage mining developments and energy challenges. project’), the project has a predicted lifetime of 60 years The research question seeks to identify in the and estimated life cycle production of 2.3 billion tonnes Carmichael Coal Mine case what are the legal elements of thermal coal. Due to its enormous scale, and despite of regression and advancement in climate change its potential economic and social effects (including fiscal litigation that enable economic and social contributions income), the project has met fierce opposition because against climate change impacts. of its potential environmental and social impacts. It is estimated that the burning of coal from the mine will When examining this particular mining project, the generate 4.6 billion tonnes of greenhouse emissions. authors will consider global concerns highlighted, for These emissions are over 0.5 per cent of the remaining example, by the Paris Agreement and the International carbon budget which has been set to limit global Panel of Climate Change (IPCC) concerning temperature rises to 2ºC above pre-industrial levels.1 greenhouse emissions or by the United Nations As such, the Carmichael Coal Mine project, which was Development Programme’s (UNDP) Agenda 2030 initially projected to become one of the largest coal relating to access to reliable source of energy for the mines in the world, has found itself the object of an population. This approach is to provide substantive increasing amount of climate change litigation in guidance, especially in relation to how the local Australia’s courts. By, 2020, the reputation of the Adani regulators and policy makers should proceed if they Group was so compromised that the company decided are to succeed in managing and regulating these projects to change its name to ‘Bravus Group’ after mistakenly when faced with climate change litigation. In that sense, thinking that Bravus meant ‘brave’ or ‘courageous’ in climate change litigation can serve as a catalysing factor classical Latin.2 In reality, as explained by an article in to facilitate the transition from fossil fuel to renewable The Guardian ‘Bravus’ means ‘crooked’ or ‘deformed’, energy. However, as will be explained later, at present ‘mercenary’ or ‘assassin’ in that language.3 Queensland is not ready to balance climate change damages with short-term monetary returns. 1 Joint Report to the Land Court of Queensland on ‘Climate Change – Emissions’, Adani Mining Pty (Adani) v. Land Services of Coast and Country Inc. & Ors. by Chris Taylor 1-16. 2 M Philpott, ‘Adani Mining Changes Name to Bravus After 2 10 Years in Australia’, ABC News (5 November 2020) THE BACKGROUND OF THE CAR- <https://www.abc.net.au/news/2020-11-05/adani- MICHAEL COAL MINE PROJECT changes-name-to-barvus-mining-and-resources/ 12851592>. 3 Naaman Zou, ‘Crooked Not Courageous: Adani Renames Australia is one of the most vulnerable continents to Australian Group Bravus Mistaking it for ‘Brave’ The the impacts of climate change and is at the same time Guardian (5 November 2020) <https:// the location of the largest coal developments, thus www.theguardian.com/business/2020/nov/05/ making it the scene of numerous juridical reviews crooked-not-courageous-adani-renames-australian-group- concerning coal mining projects and climate change bravus-mistaking-it-for-brave>. 57 Carmichael Coal Mine: A Case Study litigation. The Carmichael Coal Mine, located in Spring Threatened Ecological Community, threatened Queensland, is only one example of climate change species like the Black-throated Finch, and the mine’s litigation processes in Queensland. Queensland contribution to climate change. In addition, the jurisdictions, by means of merit review and judicial economic feasibility of the project was among the review, had to face numerous obstacles against coal objects of litigation. Climate change arguments of mining project proposals in order to evaluate the the Carmichael Coal Mine case (as in other cases approaches taken by tribunals and courts to the considered by the Australian jurisprudence) build on environmental assessment of coal projects. scientific expertise related to climate change impacts and on joint expert reports, such the report of Dr The Carmichael Coal Mine is one of those difficult Meinshausen’s carbon budget model.7 According to cases with massive environmental, climate and this joint expert report, the carbon budget available Indigenous rights implications, making it especially after 2015 has been depleted to 850 billion tonnes of valuable for analysis. In particular, the focus is on all carbon dioxide, with exploitation of all known coal the legal elements of the approval process, how social reserves having the potential to contribute 4,000 to actors contest them and how these are linked to 7,000 billion tonnes of carbon dioxide. economic and social considerations. The ‘Green Gas Protocol’, is an international Although none of the challenges presented in this accounting for GHGs8 which categories GHGs article have succeeded in stopping the Carmichael Coal emission into three categories: Scope 1 emission that Mine project, the authors are able to identify some are direct greenhouse gas emission from a project; Scope elements of advancement and regression in the climate 2 emissions that are indirect greenhouse gas emission change litigation’s process. These elements allow for from the generation of purchased electricity; and Scope new legal paths to blocking future project approvals in 3 emissions that are all other indirect greenhouse gas the mining sector if such projects pose threats to the emissions resulting from a company’s activities. This environment and/or aggravate climate change. expert group reported that over its lifetime, the proposed Carmichael Coal Mine project will account In 2010, the Adani Group proposed the Carmichael for 0.53-0.56 per cent of the global carbon budget. Coal Mine project in Queensland’s Galilee Basin. It The expert report also calculated GHGs emissions on involves a Greenfield open-cut coalmine, an a cumulative emission basis, including Scope 3 underground coal mine, associated mine processing emissions, and concluded that the potential of facilities and a 388 Km railway, linking the mine with emissions from the Carmichael Coal Mine project will the coal port
Load more

Recommended publications
  • GC Influencers Have Been Chosen Following Research Among Private Practice Lawyers and Other In-House Counsel
    v GC Influencers INDIA 2019 Thursday, 14th February 2019 Hyatt Regency Delhi Programme Engaging content, networking and celebration with leading General Counsel and top ranked lawyers globally. GC Influencers For more informationINDIA visit 2019 chambers.com A5-Advert-Forums.idml 1 22/10/2018 12:17 Welcome SARAH KOGAN Editor Chambers Asia-Pacific Meet the most influential General Counsel in India today. Chambers has provided insight into the legal profession for over 30 years. During this time, in-house lawyers and third-party experts have shared their views on the value and importance placed on the role of the General Counsel. No longer just the ethical and legal heart of a business, these professionals now sit as influential participants at board level. Effective mangers, industry pioneers, diversity and CSR champions: these Influencers show the way. Research Methodology: Our GC Influencers have been chosen following research among private practice lawyers and other in-house counsel. We identified the key areas in which GCs have displayed substantial influence: Engaging content, • Effective management and development of an in-house team • Navigation of substantial business projects such as M&A or strategic networking and business change. • Development of litigation strategy and understanding the pressures faced celebration with leading within industry General Counsel and top • Bringing diversity & inclusion and CSR to the forefront of industry. ranked lawyers globally. • Ability to influence and respond to regulatory change Our aim is to celebrate excellence within the legal profession. This dynamic hall of fame encourages collaboration among the in-house legal community. Our GC Influencers have created best practice pathways endorsed by both private practice and other in-house lawyers.
    [Show full text]
  • Sustainable Growth with Goodness
    Annual Report 2018-19 Sustainable Growth with Goodness “Excellence happens not by accident. It is a through our Project SuPoshan. SuPoshan has process. You have to work hard to achieve it” also been recognised at the global stage with - Dr. APJ Abdul Kalam the esteemed Public Affairs Asia (PAA) Gold Standard Award for Corporate Citizenship Our strive to achieve excellence during the (Community Relations). The project also won year in creating sustainable impact on the the silver award at the 53rd SKOCH State grounds echoed the above words of wisdom of Governance Summit 2018 and the from Dr. Kalam. Dainik Jagran CSR Awards for exceptional When we began the journey of Adani contribution towards Public Health. Foundation in 1996, we had set a goal to play Like every year, our teams went out of the the role of a facilitator to help people empower way to help people in times of crisis. One of themselves. Along the journey, aspiration of the devastating natural disasters that struck our beneficiaries and perspiration of our team the country this year was the floods in Kerala, members have been the motivating forces. in August. Within hours of the calamity, our Adani Vidya Mandir (AVM) Ahmedabad and on-ground teams worked relentlessly, Adani Public School Mundra created a participating in rescue coordination and flood benchmark by attaining the NABET relief activities in the worst affected areas. Accreditation under the Quality Council of The team of staff and volunteers, travelled India. AVM Ahmedabad has become the first through nights to remote villages distributing cost-free school in India to receive the NABET thousands of relief kits that included rations, accreditation; APS Mundra is the first school clothes and other necessary supplies.
    [Show full text]
  • Adani Power (Jharkhand) Ltd
    Intake Water System Detailed 2X800MW Thermal Power Plant, Godda , Jharkhand Project Project Proponent Adani Power (Jharkhand) Ltd. Report A Detail Project Report on Proposed Water Pipeline Route of 1600 (2 x 800) MW GODDA THERMAL POWER PROJECT GODDA, JHARKHAND ADANI POWER (JHARKHAND) LTD. Village - Motia, Tehsil Godda, District Godda, Jharkhand 1 Intake Water System Detailed 2X800MW Thermal Power Plant, Godda , Jharkhand Project Project Proponent Adani Power (Jharkhand) Ltd. Report Contents 1. GENERAL INFORMATION ................................................................................ 3 1.1 Company Profile ............................................................................................... 4 2. PROJECT BACKGOROUND / REQUIREMENT ............................................... 4 3. LOCATION MAP & KEY PLAN ......................................................................... 5 3.1 Jharkhand State Map ........................................................................................... 5 3.2 Godda Districts ..................................................................................................... 5 3.3 Project Site Water Intake location ................................................................ 6 3.4 Proposed Water Pipe Line Route ...................................................................... 6 4. KEY FEATURES OF THE PROJECT SITE ........................................................ 7 4.1 Site Location Details: ..........................................................................................
    [Show full text]
  • Dossier on the Adani Group's Environmental and Social Record
    Dossier on the Adani Group’s environmental and social record Construction of Adani’s Godda power station proceeds on lands acquired from indigenous (Adivasi) farmers near Godda. Two Adivasi look on. Photo by Geoff Law, February 2020 Preliminary Edition, September 2020 Preamble AdaniWatch is a non-profit project established by the Bob Brown Foundation to shine a light on the Adani Group’s misdeeds across the planet. In Australia, Adani is best known as the company behind the proposed Carmichael coal mine in Queensland. However, the Adani Group is a conglomeration of companies engaged in a vast array of businesses, including coal-fired power stations, ports, palm oil, airports, defence industries, solar power, real estate and gas. The group’s founder and chairman, Gautam Adani, has been described as India’s second-richest man and is a close associate of Indian Prime Minister Narendra Modi. The Adani Group is active in several countries but particularly in India, where accusations of corruption and environmental destruction have dogged its rise to power. In central India, Adani intends to strip mine ancestral lands belonging to the indigenous Gond people. Large tracts of biodiverse forest, including elephant habitat, are in the firing line. Around the coastline of India, Adani’s plans to massively expand its ports are generating outcry from fishing villages and conservationists. In the country’s east, Adani is building a thermal power station designed to burn coal from Queensland and sell expensive power to neighbouring Bangladesh. Investigations, court actions and allegations of impropriety have accompanied Adani’s progress in many of these business schemes.
    [Show full text]
  • Sunrise-Project-Annual-Report-2018 Web.Pdf
    The Sunrise Project 2018 Annual Report The Sunrise Project Australia Limited ABN 65 159 324 697 MARCH FOR OUR FUTURE, BRISBANE 2018. PHOTO: MARK DOYLE We acknowledge and pay respect to the Traditional Owners of this country we call Australia, and to First Nations people around the world who continue to be on the front lines of the struggle for environmental justice. LAND RIGHTS NOT MINING RIGHTS PROTEST AT PARLIAMENT HOUSE IN 2018 AS NATIVE TITLE CHANGES ARE DEBATED. PHOTO: SEED YOUTH INDIGENOUS CLIMATE NETWORK. 2 The Sunrise Project 2018 Annual Report Table of contents Letter from the Executive Director 5 Letter from Co-Chairs, Board of Directors 6 The urgency of climate justice 7 Our Goals 8 How we work 9 Our Strategies 10 Australian program - 2018 Highlights 11 No new fossil fuels 11 Beyond Coal to 100% renewable energy 12 Protecting ecosystems threatened by fossil fuel expansion 13 Countering the coal lobby 14 Building the community movement Beyond Coal and Gas 15 Peter Gray Community Action Fund 16 International Finance Program - 2018 Highlights 18 Making coal uninsurable 18 Shifting the giants 19 Board and Governance 20 Board of Directors 20 Senior management team 21 ANCIENT DOONGMABULLA SPRINGS, THREATENED BY THE ADANI COAL MINE. PHOTO: TOM JEFFERSON The Sunrise Project 2018 Annual Report 3 Driven by the imperative of climate justice, The Sunrise Project’s mission is to scale social movements to drive the transition from fossil fuels to renewable energy as fast as possible. SCHOOL STRIKE FOR CLIMATE 4 The Sunrise Project 2018 Annual Report Letter from the Executive Director Yet another year of increasingly dire warnings from the scientific community about the urgency of acting to address climate change.
    [Show full text]
  • Annual Report 2020-21
    SMART Annual Report 2020-21 The 2-minute Annual Report Adani Green Energy Limited Our company is the world’s largest solar power generation company and will be the largest renewable power company by FY 29-30 The most powerful trigger for renewable energy growth in India 225 GW 450 GW India’s target for India’s target for renewable energy renewable energy capacity by 2022 capacity by 2030 The most effective triggers for renewable energy • Increasingly considered to be the bedrock of a progressive society • Government policies are driving the growth of the sector • India’s renewable share of energy mix 40% by 2030 • India to reduce carbon emissions by 33-35% (from the 2005 level) by 2030 Some of our key achievements of FY 20-21 – 1 55 3,470 % CAGR in MW, total installed operational capacity as on 31 capacity in five March 2021 years 925 13,700 MW assets added MW of bids for during the year which the company (575 MW greenfield emerged L1 bidder/ + 350 MW LOAs received acquisitions) Some of our key achievements of FY 20-21 – 2 3.93 ~25 US$ billion asset US$ billion Fully- base built asset base (USD/INR rate of 73.11) 50:50 JV between AGEL US$1.35 billion senior ~100 and TOTAL for 2,353 debt facility (one of % fixed PPA life; 25- MW solar assets Asia’s largest proj- year tariff profile (operational) and a ect financing deals), 20% equity stake with participation acquisition in AGEL from 12 internation- by TOTAL al banks Our broad-based resource mix 11,023 1,927 2,290 MW, Solar energy MW, Wind MW, Hybrid (solar- capacity, 31 energy wind) capacity, 31 March 2021 capacity, 31 March 2021 March 2021 Chairman Gautam S Adani’s overview COVID-19 is a wakeup call for all of us to While we can look back and feel satisfied about transform ourselves.
    [Show full text]
  • Adani (Mundra) Port, Kutch, Gujarat
    A Report on Industrial Visit At Adani (Mundra) Port, Kutch, Gujarat Organized By DEPARTMENT OF ELECTRICAL ENGINEERING Industry Profile: Company Name: Mundra Port & Special Economic Zone Ltd. Address: Adani House, Nr. Mithakhali Circle Navrangpura, Ahmedabad, Gujarat. PIN Code: 380009. Phone: Tel +91 79 2656 5555 Fax +91 79 2656 550 Homepage: [email protected] Work profile: Natural gateway for the cargo hubs functioning in the Northern and Western states of India as well as the NCR. About Mundra Port: Mundra Port is the largest private port of India located on the north shores of the Gulf of Kutch near Mundra, Kutch district, Gujarat. Formerly it was operated by Mundra Port and Special Economic Zone Limited (MPSEZ) owned by Adani Group which later it was expanded into Adani Ports & SEZ Limited (APSEZ) managing several ports. In 2013-2014, Mundra Port has handled 100 million tons of cargo in a year becoming the first Indian port to do so. It also became India's biggest port by cargo handled. About Visit: Department of Electrical Engineering organized the visit to Adani Mundra Port for the student of 6th sem B.Tech and Diploma Electrical on 23rd and 24th February 2018. Branch and No. of Date of Visit Accompanied Faculties Semester Students Mr. Bhargav D. Patel Electrical 8th & 6th Mr. Lokesh Shah 23/02/2018 76 Diploma Ms. Arpita Patel Mrs. Chand D Thakur M.Tech 2nd & Mr. Mayank Kapadiya 24/02/2018 38 Electronics 8th Ms. Karmani Rajput Activities on the Day of Visit: The private buses were boarded up to Ahmedabad.
    [Show full text]
  • ADANI ENTERPRISE LTD 22 June 2020
    Rating Rationale ADANI ENTERPRISE LTD 22 June 2020 Brickwork Ratings reaffirms the ratings of the Commercial Paper Programme of Rs. 2000 Crs of Adani Enterprise Ltd. (AEL or “the Company”). Particulars Current Previous Rating Previous Amount Present Rating Instrument Amount (July 2019) (Rs. Crs) (Reaffirmed) BWR A1+ BWR A1+ 2000 CP 2000 Programme Rs. 2000 Crores (Rupees Two Thousand Crores 2000 Only) ^ Please refer to BWR website www.brickworkratings.com/ for definition of the ratings ​ ​ Rating Action: Reaffirmed. BWR has reaffirmed the rating of the Commercial Paper Programme of Rs.2000 Cr. The rating factors, inter alia, importance of the Company to the Adani Group in terms of being ​ ​ the Group’s incubator for new businesses, its financial flexibility, AEL’s strong position in Integrated Resource Management (IRM) business and mining services business, improvement in performance of integrated solar cells and module manufacturing business in FY20, and its demonstrated ability to nurture new businesses and subsequently make them independent and self-sustaining. AEL also helps these new businesses get independently listed, once they attain strength. The rating is, however, constrained by working capital intensive nature of AEL’s core IRM business leading to relatively high short term debt levels, and significant high capex plans over next two –three years on account of new businesses, which will lead to elevated gross debt levels. www.brickworkratings.com page 1 of 15 ​ ​ Key rating drivers: Flagship Company of Adani Group – Incorporated in 1993, Adani Enterprise Ltd. (AEL) is ​ the flagship Company of the Adani Group and is listed on BSE and NSE. Promoters hold 75% stake in the Company, of which approximately 23% has been pledged by the promoters for debt fund-raising at promoter’s level.
    [Show full text]
  • Indigo Soars with $33Bn A320neo Order
    EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE THE HINDU DELHI WEDNESDAY, OCTOBER 30, 2019 BUSINESS 15 EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE market watch Awaiting clarity on AGR, 29-10-2019 % CHANGE Sensex dddddddddddddddddddddd 39,832 ddddddddddddddd1.48 IndiGo soars with $33­bn A320neo order US Dollardddddddddddddddddddd 70.84 ddddddddddddddd0.08 Gold ddddddddddddddddddddddddddd 38,857 ddddddddddddd-1.39 Bharti defers Q2 results Brent oil ddddddddddddddddddddd 61.62 ddddddddddddddd0.16 300­plane order is Airbus’ largest ever with a single airline; to take IndiGo’s A320neo count to 730 ‘Moving DoT to arrive at total amount’ SPECIAL CORRESPONDENT economic growth and mobil­ IndiGo is keen on the MUMBAI ity,” Ronojoy Dutta, CEO, In­ A321XLR, which is the next Special Correspondent matter arising out of recent N IFTY 50 InterGlobe Aviation Ltd., diGo, said in a statement. evolutionary
    [Show full text]
  • Aban Offshore ABG Shipyard ACC Limited Adani Group Aditya Birla
    A . Aban Offshore . Amul[8] . ABG Shipyard . Andhra Bank . ACC Limited . Apollo Hospitals[9] . Adani Group . Apollo Tyres[10] . Aditya Birla Group.[2] . Archies Greetings & Gifts Ltd[11] . Ador Powertron Limited[3] . Aptech . Aftek . Arvind Mills . Air India[4] and subsidiary Air-India Express[5] . Ashok Leyland[12] . Air Sahara[6] . Asia Motor Works . Ajanta Group . Asian Paints[13][14] . Alang Ship Recycling Yard[7] . Axis Bank . Allahabad Bank . Ambuja Cements . Amrutanjan Healthcare [edit]B . Bajaj Auto[15] . Bhushan Steel . Balaji Telefilms[16] . Biocon . Bank of India[15] . BMR Advisors[21] . Bank of Baroda[17] . Bombay Dyeing[22] . Bharat Aluminium Company[18] . BPL group[23] . Bharat Electronics Limited[19] . Ballarpur Industries Limited[24] . Bharat Forge[20] . Bharat Earth Movers Limited . Bharat Heavy Electricals Limited[15] . Britannia Industries[25] . Bharat Petroleum[15] . BirlaSoft . Bharat Sanchar Nigam Limited . Bharati Shipyard . Bharti Airtel [edit]C . Camlin Ltd. Coal India Limited[31] . CMC Limited[26] . Container Corporation of India . Canara Bank[15] . Crest Animation Studios[32] . Cellebrum Technologies Limited[27] . Crompton Greaves . Central Bank of India . Cadila Healthcare[33] . CESC . Coromandel International[34] . CPCL . Catholic Syrian Bank . Cipla[28] . Cosmic Circuits . Club Mahindra Holidays[29] . Covansys India Limited[30] [edit]D . Dabur India Limited[35] . Dr. Reddy's . Damodar Valley Corporation[36] Laboratories[40] . Deccan Aviation Pvt. Ltd.[37][38] is an aviation company that operates Air . DLF Universal Limited Deccan . Directi . Delhi Metro Rail Corporation Limited[39] [edit]E . Educomp Solutions . Essar Group[44] . Eicher Motors[41] . Eureka Forbes . Engineers India Limited[42] . EID Parry . English Indian Clays Limited[43] . Evalueserve[45] . Escorts Group .
    [Show full text]
  • Adani Gas Ltd Investor Presentation
    Adani Gas Ltd Investor Presentation March 2019 Legal Disclaimer Certain statements made in this presentation may not be based on historical AGL assumes no responsibility to publicly amend, modify or revise any forward information or facts and may be “forward-looking statements,” including looking statements, on the basis of any subsequent development, information those relating to general business plans and strategy of Adani Gas Limited or events, or otherwise. Unless otherwise stated in this document, the (“AGL”), its future outlook and growth prospects, and future developments in information contained herein is based on management information and its businesses and competitive and regulatory environment, and statements estimates. The information contained herein is subject to change without which contain words or phrases such as ‘will’, ‘expected to’, etc., or similar notice and past performance is not indicative of future results. AGL may alter, expressions or variations of such expressions. Actual results may differ modify or otherwise change in any manner the content of this presentation, materially from these forward-looking statements due to a number of factors, without obligation to notify any person of such revision or changes. including future changes or developments in its business, its competitive No person is authorized to give any information or to make any representation environment, its ability to implement its strategies and initiatives and not contained in and not consistent with this presentation and, if given or respond to technological changes and political, economic, regulatory and made, such information or representation must not be relied upon as having social conditions in India. This presentation does not constitute a been authorized by or on behalf of AGL.
    [Show full text]
  • Aviation Regulator DGCA on Saturday Suspended a First Officer of Spice
    1 Revue de presse du 29 aout au 13 septembre 2019 Mumbai: Aviation regulator DGCA on Saturday suspended a first officer of SpiceJet for three months for mishearing an Air Traffic Control clearance, due to which he gave incorrect direction to the pilot-in-command (PIC), causing runway incursion at Mumbai airport, said a source. "DGCA probe found that Atul Yadav, who was first officer on Surat-Mumbai flight on July 5, told the PIC that their plane was cleared by ATC to cross runway 14. The truth is the clearance was given to the IndiGo plane that was ahead of his plane," the source told PTI. The SpiceJet plane had the call sign SEJ2763. When the regulator issued a show-cause notice to Yadav on August 19, he responded by admitting his mistake and stating the incursion happened on July 5 because another plane with a similar call sign which was ahead of their plane had received the ATC clearance to cross runway 14, the source said. The aircraft ahead of the SpiceJet plane was of IndiGo and it had a call sign IGO063, the source said. 31/08/19 PTI/Business Today New Delhi: In the last 2.5 years, IndiGo Airbus A320 Neos have on an average seen one faulty Pratt & Whitney (PW) engines powering these planes being changed every week. The Directorate General of Civil Aviation (DGCA) has in a RTI reply said 126 PW engines on IndiGo Neos have been replaced from 2016 to June 30, 2019. The almost once-a-week average of faulty engine replacement comes with 46 engines being replaced in calendar years 2017, 2018 each and 27 in the first six months of this year (remaining 7 in 2016).
    [Show full text]