Indian Power Plants Boost Coal Imports 18%, Market Watch Says
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India’s coal-fired power plants increased imports of the fuel by 18 percent in the year ended March, boosted by purchases from state-run NTPC Ltd., India Coal Market Watch said, citing an unidentified government official.
Imports rose to 29.1 million metric tons from 24.6 million a year earlier, the coal newsletter said. This compares with a government target of 35 million tons set by the Central Electricity Authority.