Indian investors keen for Gladstone coal
Potential Indian investors have shown keen interest in coal resources, says an industry representative in Gladstone in central Queensland.
Gladstone Economic and Industry Development Board representative Dr Ken King met Indian investment agencies this week to show them the city's port and rail infrastructure.
Dr King says it demonstrates continued interest from India in sourcing coal from Queensland and Australia.
"Demand continues to ramp up in India, as India continues to develop," he said.
"The demand for power, in particular through coal fired power is quite enormous."
Indian investors keen for Gladstone coalPotential Indian...
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