By Dinakar Sethuraman
Electricity utilities in India increased imports of coal by 43 percent in May to 2.97 million metric tons from a year earlier, reported India Coal Market Watch, which is published by Kolkata-based online trading company mjunction Services Ltd. Imports in April were at 2.34 million tons.
The Central Electricity Authority, a supervisory body, has set a target of 35 million tons of imported power-plant coal for the year ending March 2012, the newsletter said. Domestic coal supplies to power plants fell 7 percent to 28.54 million tons in May from a year earlier. (By Bloomberg)
The Central Electricity Authority, a supervisory body, has set a target of 35 million tons of imported power-plant coal for the year ending March 2012, the newsletter said. Domestic coal supplies to power plants fell 7 percent to 28.54 million tons in May from a year earlier. (By Bloomberg)
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