Adani repays massive coal port debt out of own pocket

Ratings agency Moody’s has confirmed (paywalled) that Adani Group has had to pay back the US$500m of bonds issued by its NQXT coal port (formerly Adani Abbot Point Terminal) from its own pocket. The bonds matured on 15 December 2022. NQXT, situated in the Great Barrier Reef World Heritage Area, … Read More