Russia’s largest coal company in talks to set up India office.

Russia’s largest coal supplier, Siberian Coal Energy Company (SUEK), is in talks to open an office in India, with the country emerging as a top export destination following sanctions imposed by Europe on Russia, said its CEO Maxim Basov.

Basov told ET in an exclusive interview that the company’s shipments to India, traditionally a smaller importer of Russian coal, increased to 1.25 million tonnes in the first six months of 2022, twice more than in the entire 2021.

ET