India's thermal coal imports likely to rise 10 percent in 2019 - Adani Power

Explore Business Standard

NEW DELHI (Reuters) - India's thermal coal imports could rise by about 10 percent to 174-177 million tonnes in 2019, an executive from Adani Power said on Tuesday.
"We expect strong demand from the sponge iron industry, amounting to about 40-50 million tonnes," Rajendra Singh, chief operating officer of coal trading at India's largest coal trader Adani Enterprises said at the Coaltrans conference.
(Reporting by Sudarshan Varadhan; Editing by Shreejay Sinha)
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Feb 19 2019 | 3:17 PM IST