Adani Group Gears Up To Take Up The Place Of The Biggest Mining Operator
The Adani Group, one of the largest global business groups, has an extensive presence in the mining sector of India. The global conglomerate runs coal-powered stations and operates huge coal mines in different corners of India as well as globally from which Adani coal import is done. Since the time of inception, the Adani Group has been focused on diversifying its business with a special focus on the mining sector. Extending control over the country’s coal mines has always been a part of its agenda. By taking control of the mining sector, the Adani Group aims to alleviate major energy scarcity which has been existing in the country for a while now.
The global conglomerate has been equally focused on the renewable energy sector as well. However, currently, we do not have the necessary infrastructure to ensure that all our needs are fulfilled by renewable energy. This is the reason why the global conglomerate has been equally focused on bringing enhancement to the thermal power sector as well. Through its enhanced initiatives, our ever-growing energy demands will be met. The business group will also be able to further give a boost to its journey towards becoming the largest power producer in the world.
The Adani Group’s Mining Ventures
The Adani Group operates 6 large coal mines. It has plans to double its mining capacity in the coming years. There are at least 16 proposed new coal mines in the pipeline as well. Out of the six coal mines, four in India are the Parsa East Kente Basan mine in the Hasdeo forests of Chhattisgarh; the nearby Gare Pelma-III mine; the Talabira II and III mine in Odisha; and the Suliyari coal mine in Madhya Pradesh. The Adani Group acts as the mine developer and operator for the government-owned energy utilities that own the mines. A majority of the Adani coal import is made from these mines.
The Adani Group also has an extended presence in the global mining sector. Its most striking international mining project is the Carmichael coal mine in Australia. The coal mined from this project is transferred to India to meet the ever-growing energy demands. The project has brought about an overall development in the Queensland area. It has opened up job opportunities for the people of Australia. The company is also known to operate the coal mine in Bunyo Island in Indonesia. The coal mine has been operational since 2016. It also contributes to a significant portion of Adani Group’s mining capacity.
Together, the Adani coal mines contribute to 68 million tons of coal every year. Around 538 square kilometres of land covers the mines. The mines also can offer 2.3 billion tons of coal per year. The company also plans to increase its mining capacity in the upcoming years. This will ensure that the revenue generation from Adani coal import also increases substantially.
Why Focus On Adani Coal Import?
Now you might be wondering why the Adani Group is so intrigued to become a part of the country’s mining sector. Well, there are quite a few reasons for the same. The Adani Group’s mining ventures are mainly aimed at ensuring that our country achieves energy stability. By being a part of these incredible ventures, the Adani Group has ensured that our overall power capacity experiences a boost. Adani coal imports have increased. The global business group has also taken up a lot of community development activities as a part of its mining projects. It has ensured that there is an overall development of the communities in the areas in which it operates.
The firm has also been offering healthcare facilities and education in and around the areas in which it operates. The business group has also tried to ensure that the mining activities sustainably take place. It has taken various steps towards conserving the environment. This has ensured that the damage done to the environment is minimized. Recently, the Adani Group has also been trying to integrate technology into its mining operations. This has again ensured that the various operations of the project get carried out in a streamlined manner.
The Challenges Met:
The Adani Group’s mining ventures have not been without its challenges. Now and then, the group had to come across a lot of hindrances which caused a major setback to its business operations. There were several controversies on Adani coal import. However, the global conglomerate was not left demotivated. Instead, it tried to carry out its business with full force. A lot of protests were also held but the Adani Group took its time to explain to the people the various unique advantages of taking up mining projects. This ultimately helped the Adani Group in getting the required clearances for its projects. It was once again able to carry out its mining operations smoothly.
The Plans For The Future:
The Adani Group has a lot of future projects lined up as well. The company has elaborate plans to double its coal mining capacities. The 16 proposed coal mines have coal reserves of about 5.2 billion tons. The Adani Group aims to extract around 78 million tons of coal every year from these mines. This is more than its current output of 68 million. The global conglomerate is currently working on acquiring the necessary clearances for the project. Once the clearances are received, it will be able to carry out its various mining operations. The business group will also be able to ensure that the mining sector experiences an excellent boost.
Conclusion
Even amidst the controversies of Adani coal import, the Adani Group has managed to create an incredible place for itself in the mining sector. The group has multiple future projects lined up as well. Once these projects become successfully implemented, the Adani Group will be able to take up the place of being the largest mining operator in the world. It will also be able to address our country’s growing energy demands.
