Adani Enterprises in Talks With Hancock Coal to Share Rail, Review Says

Adani Enterprises Ltd. is in talks with Hancock Coal about sharing a rail line in Queensland state to transport the fuel used in power plants to ports on the east coast, the Australian Financial Review reported, citing an interview with Chairman Gautam Adani. The Indian company hasn’t had discussions with Hancock about buying a stake in its coal assets, the newspaper said, citing Adani.

To contact the reporter on this story: Ben Sharples in Melbourne at bsharples@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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