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


Reuters  |  NEW DELHI 

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)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, February 19 2019. 15:17 IST