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Rajendra Singh, chief operating officer of coal trading at Adani Enterprises, India's largest coal trader, said, "In 2019, India's thermal coal imports are expected to increase by 10% to 174-177 million tonnes
.
”
Rajendra Singh said, "With the increasing demand for electricity and stimulated by the government's goal of achieving universal access by 2019, this year's electricity demand will stimulate an increase
in domestic thermal coal imports.
”
Moreover, India's renewable energy, especially solar projects, has been delayed again, making it difficult to achieve the planned targets, and the projects that have already been completed are also limited by poor transmission and distribution infrastructure, resulting in "coal-fired power stations will not be immediately out of the market and will remain India's main source of electricity for a long time
.
" ”
Rajendra Singh added, "In addition to thermal coal, we expect iron sponge industry demand to continue to be strong this year, reaching 40-50 million tonnes
.
" ”
Rajendra Singh, chief operating officer of coal trading at Adani Enterprises, India's largest coal trader, said, "In 2019, India's thermal coal imports are expected to increase by 10% to 174-177 million tonnes
.
”
Rajendra Singh said, "With the increasing demand for electricity and stimulated by the government's goal of achieving universal access by 2019, this year's electricity demand will stimulate an increase
in domestic thermal coal imports.
”
Moreover, India's renewable energy, especially solar projects, has been delayed again, making it difficult to achieve the planned targets, and the projects that have already been completed are also limited by poor transmission and distribution infrastructure, resulting in "coal-fired power stations will not be immediately out of the market and will remain India's main source of electricity for a long time
.
" ”
Rajendra Singh added, "In addition to thermal coal, we expect iron sponge industry demand to continue to be strong this year, reaching 40-50 million tonnes
.
" ”
