Posted On: 01/13/2014 3:05:05 PM
Post# of 1456
India's coal imports rise 20 pct to help fuel new power plants
NEW DELHI
Jan 7 (Reuters) - India's coal imports rose 20 percent to 105.8 million tonnes in April-October from a year earlier as power producers turned to Indonesia to help feed new plants, according to data from mjunction services, an online market operator.
Regulatory and bureaucratic delays in adding new mines and expanding existing ones have made India the No. 3 importer of coal , even though it sits on what BP ranks as the world's fifth-largest reserves. Imports leaped 34 percent to 137.56 million tonnes in 2012/13.
ref: http://www.reuters.com/article/2014/01/07/ind...BD20140107
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