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

Indias thermal coal imports likely to rise 10 per cent in 2019: Adani Power
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We expect strong demand from the sponge iron industry, amounting to about 4050 million tonnes,Rajendra Singh, COO

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

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.

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