Friday, May 18, 2007

India Plans to Boost Coal Production 6.8 Percent on Demand, Curb Imports

(Bloomberg) -- India, which uses coal to power half of its electricity-generation capacity, plans to boost output 6.8 percent in the year to March 2008 as demand rises, a minister said. Imports may decline by more than a quarter.

The South Asian nation plans to mine 462 million metric tons of the fuel in the 12-month period compared with 433 million tons a year earlier, Dasari Narayana Rao, mines minister, said in a written reply to Parliament in New Delhi.


Read more at Bloomberg Commodities News

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