Elections in both countries are underway with campaigning in Australia ahead of a May 18 poll. The seven-stage Indian election ends a day after Australia votes, with counting scheduled for May 23. Multiple layers of the approval process has seen the Carmichael project forced to win local, State and national government support. India, on the other hand, is a major consumer of coal and is keen to obtain supplies for electricity generation from Adani's proposed Carmichael mine. "The Adani coal project is a bellwether project for more investment from India," Varghese said.

Source: Forbes April 20, 2019 06:33 UTC