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  Business   Companies  19 Feb 2019  India's thermal coal imports likely to rise 10 per cent in 2019: Adani Power

India's thermal coal imports likely to rise 10 per cent in 2019: Adani Power

REUTERS
Published : Feb 19, 2019, 3:52 pm IST
Updated : Feb 19, 2019, 3:52 pm IST

“We expect strong demand from the sponge iron industry, amounting to about 40-50 million tonnes,”:Rajendra Singh, COO.

Adani. (Photo: File)
 Adani. (Photo: File)

New Delhi: 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.

 

Tags: adani, imports, exports
Location: India, Delhi, New Delhi