Adani Keen On More Oz Coal Terminals

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>Adani group has submitted an expression of interest to build two new coal terminals in Australia's Queensland region, next to its Abbot Point Coal Terminal, a senior executive said on Wednesday.<br><br>"We are looking to build greenfield ports next to Abbott Point, because there is huge demand for ports in Queensland," B Ravi, chief financial officer at Mundra Port and Special Economic Zone, the group's port operating arm, told Reuters.<br><br>Mundra expects to make some progress for the new terminals in the next six months, Ravi said. He did not disclose the investment involved.<br><br>Earlier this month, Mundra acquired the Abbot Point Coal Terminal in Australia for about $1.9 billion in an all cash deal. The company is now in talks with banks to refinance the debt taken on for the deal, Ravi said.<br><br>(Reuters)</p>