Adani to develop coal block
Adani has won a bid to develop and mine coal from the Chendipada coal block in Orissa, India.
Adani has won a bid to develop and mine coal from the Chendipada coal block in Orissa, India.
According to Wood Mackenzie, a consultancy, Indonesia is well place to benefit for potential coal upgrading technologies, as low rank coal projects will achieve higher operating margins and increased market opportunities through an upgraded product. This means Indonesia will be competitive with bituminous coal producing countries, as well as increasing its commercial attractiveness for investors.