Friday, 24 Jun 2011
Bloomberg quoted India Coal Market Watch citing an unidentified company official said India Maharashtra State Power Generation Co may issue a tender this month to import 3.35 million tonnes of power plant coal.
The newsletter said the utility purchased 2.3 million tonnes of the fuel in the year ended March compared with a 3.35 million tonne target.
India Coal Market Watch said, citing an unidentified industry official said Shree Cement Ltd has contracted to buy 700,000 tonnes of South African coal between September and March. It may also purchase as much as 500,000 tons of high sulphur Illinois Basin steam coal from the US.
(sourced from Bloomberg)
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