Another win for Adani’s Parsa East Kente Basan mine

The recent recommendation to allow expansion of the mine is a sign of development overcoming environmental concerns and Rajasthan’s continued hunger for coal.

9 February, 20228 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Another win for Adani’s Parsa East Kente Basan mine

Why read this story?

Editor's note: There’s a coal mine in central India that is perhaps the most storied and controversial of India’s mines. It helped launch the Adani group’s coal operations when it was still a commodities and ports company and Gautam Adani wasn’t yet Asia’s richest person. And, over the years, it has has gone through every imaginable controversy—from the coal scam to questions of forest conservation and rights of the local tribespeople. Yet, from being nearly shut down twice for violating mining and environmental laws, the Parsa East Kente Basan (PEKB) coal mine in northern Chhattisgarh has come a long way. It is currently the largest operational mine in the Adani group, which runs it as a contractor for a Rajasthan government utility. Earlier this week, I noticed there was a new development, not yet reported in the press. An expert panel in the environment ministry had recommended a 20% expansion of the mine. If that gets the final approval of the ministry (such recommendations almost always do), the PEKB mine would have nearly doubled in capacity since it began operations in 2013.  …

You may also like

Business
Story image

Can Jeet Adani’s airports ride out Iran war?

The Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.

Business
Story image

Dharma at stake: Vedanta’s Anil Agarwal pushes back on Jaypee outcome

Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.

Business
Story image

Adani and Ambani’s media bets sink deeper into the red

NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.