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Tuesday, December 6, 2011

India coal demand expected to rise by 41pct by 2017

Tuesday, 06 Dec 2011

Indian coal minister Mr Sriprakash Jaiswal told parliament in New Delhi that India’s annual coal demand may rise 41% in the year ending March 2017 from the current financial year.

Mr Jaiswal said that coal demand is estimated to surge to 980.5 million tonnes from 696 million tonnes estimated this year. Domestic output of coal is expected to rise 28% in the period, widening the supply-demand gap to 265.5 million tones.

(sourced from Bloomberg)

1 comment:

Coal said...

The use of renewables for generating power is to be congratulated. The latest coal market news and coal prices is that emerging countries are predicting to use large amounts of thermal coal for power generation and coal mining for steel production.
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