February 19, 2019 / 9:47 AM / 8 months ago

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

NEW DELHI, Feb 19 (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

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