India’s Swelling Coal Stockpiles Test State-Owned Mining Giant
A coal stockpile in Tuticorin, India.
Photographer: Prashanth Vishwanathan/BloombergFollow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
Recent rains may have provided the world’s most populous nation some relief from scorching summer heat, but they shattered state-owned mining giant Coal India Ltd.’s hopes of denting record-high inventories.