Indian thermal coal imports to tou ch cross 80 million tonnesThe...

Indian thermal coal imports to tou ch cross 80 million tonnes
The Hindu reported that India’s import of thermal coal is projected to sharply go up to 80 million tonnes to 85 million tonnes with NTPC likely to account for a fifth of the total projected imports during 2012-13.

The imports will be around 60% higher than the 50 million tonnes coal imported during 2011-12.

NTPC is projected to import around 16 million tonnes of coal and is learnt to have already placed orders for around 4 million tonnes. This is 33% higher than the 12 million tonnes imported by NTPC in 2011-12. According to government sources, tenders are in the process of being floated for importing balance quantity of coal.

Source – The Hindu