Announcement

Monday, September 19, 2011

Indian power utilities import 8pct more coal in August



Bloomberg quoted India Coal Market Watch said electric utilities in India increased coal imports in August to 3.19 million tonnes up by 8% from July.

It said the Central Electricity Authority a supervisory body set a target to import 4.6 million tonnes of coal for power plants last month.

It said imports rose 81%YoY to 17.9 million tonnes in the first five month of the year. That compares with a government target of 35 million tonnes.

(Sourced from Bloomberg)

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