RWE opens Indian office


German utility RWE has opened an office in Mumbai to strengthen the Asian presence of its trading subsidiary RWE Supply & Trading, focusing on coal, liquefied natural gas (LNG) and fertilisers. The new office was officially opened on December 05, adding to the trading division’s existing operations in Singapore and Indonesia, RWE said in a statement.

RWE, a leading coal-fired electricity producer in its core European markets, is also an international coal trader with 550 million tonnes of turnover a year.

A quarter of these activities take place in the Asia-Pacific region, including delivery to coal consumers in the cement and fertiliser industries in India and Indonesia, it said.

Copyright Reuters, 2013


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