|
Dunno how true it is yet, but IIRC, there was a recent bit of digging on where the "Govt" money was going.
Adani wanted big money from the Govt to fund the railway ( which will be made available to others at a cost )
The railway part of the project was alleged to be wholly owned by a different standalone Adani company, ie not tied to the mines.
Soooo, they get the rights to mine and make a subsidised railway.
They then sell off the now "much more valuable on paper rights" to the mine at a large profit and keep the "free" railway as a safe as houses profit stream. Lots of money and little risk.
Be interested to see how true that report is???????
Andrew
|