MELBOURNE May 22 India's Adani Enterprises
has deferred a final investment decision (FID) on its
long-delayed Australian Carmichael coal project, as the
Queensland state government has yet to sign off on a royalty
agreement for the mine, an Adani spokesman said on Monday.
"Adani is advised that the Queensland cabinet did not
consider any submission or make a decision on royalties for the
Adani project today," Adani's spokesman in Australia said.
"In light of that, Adani has today deferred a decision by
the board on FID until the government makes a decision," he
The company had been planning to make a final investment
decision on the 25 million tonnes a year coal mine and rail
project by the end of May.
(Reporting by Sonali Paul; Editing by Richard Pullin)