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India Coal Imports Rise 31% to 12.98 Million Tons Coal in August

Power producers and steelmakers in India, the world’s third-largest coal consumer, imported 31 percent more of the fuel in August compared with last year, according to shipping data received by Bloomberg News.

Adani Enterprises Ltd., Bhatia International Ltd., Tata Power Co. and Steel Authority of India Ltd. were among the buyers of 12.98 million metric tons of coal at 21 of 27 ports listed by Interocean, a New Delhi-based ship broker. The shipments comprised 9.98 million tons of steam coal and 3 million tons of coking coal, the data show. Total overseas purchases were 9.9 million tons in August 2011.