Coalmine bailout extended on energy security fears Despite pledging to end support for a debt-laden coalmine in regional Western Australia this year, the premier has relented and thrown it another lifeline. AAP · Jan 21
'We can't let it fail': more govt cash for coal mine Taxpayers will fork out $220 million to prop up a failed coal mine, critical for electricity generation in West Australia. AAP · Dec 1, 2023
Foreign-owned mine Griffin Coal bills WA taxpayers $7.3 million to move dirt, fix machines Taxpayers have spent millions propping up a failed foreign-owned coal mine at the centre of Western Australia's energy woes, paying for costs such as repairs to broken machinery. ABC News · Apr 10, 2023
WA government offers $19.5 million to keep struggling Griffin Coal mine operational The WA government says it has offered a struggling overseas-owned coal miner almost $20 million dollars to continue operations in a bid to protect the state's electricity supply. ABC News · Feb 14, 2023
McGowan government hands cash to struggling Griffin Coal amid looming summer energy crisis An unknown amount of taxpayer money will be spent helping an insolvent coal miner that is $1.4 billion in the red keep its lights on, with the supply of electricity at peak times depending on it. ABC News · Dec 20, 2022
Dev Sindhu is the mystery man at the centre of a deepening crisis threatening an Australian energy grid A mysterious entrepreneur sits in the middle of an Australian energy crisis. Where he came from, who he is, and how he got involved has been an untold story until now. ABC News · Dec 18, 2022
Auditor for obscure Indian company at centre of WA energy crisis 'alarmed' at financial accounts The auditor of an Indian-owned company at the centre of Western Australia's growing energy crisis says it's "unable" to verify the firm's accounts. ABC News · Nov 19, 2022
Indian firm with few assets and 'junk' credit rating in the middle of WA's growing energy crisis At the centre of a deepening energy crisis in Western Australia sits an obscure Indian company with next to no assets and a credit rating deemed as junk by a ratings agency. ABC News · Nov 14, 2022
Entire state's power system on the brink as Indian loan to Aussie miner Griffin Coal turns toxic A giant Indian bank sits behind a slow-moving Australian energy disaster. It's a tale about billion-dollar bets gone terribly wrong, failed international ambitions and a clash of finance cultures. ABC News · Nov 5, 2022
Failed Griffin Coal mine owes close to $1.5 billion to creditors as WA electricity grid woes loom The failed coal mine in Collie, 200km south of Perth, owes close to $1.5 billion to creditors, with the banks urged to "come clean" on their losses to avoid a potential disaster in WA’s biggest electricity grid. ABC News · Oct 4, 2022
WA's biggest private power station moves to take over loss-making, Indian-owned coal mine The Japanese owners of a major West Australian coal-fired power station take court action over a loss-making mine that has failed to deliver promised coal supplies. ABC News · Aug 31, 2022