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

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Reuters NEW DELHI
Last Updated : Feb 19 2019 | 4:05 PM IST

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 Enterprises 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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First Published: Feb 19 2019 | 4:00 PM IST

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