India’s coal imports set to touch 53mt

India’s coal imports set to touch 53mt
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First Published: Thu, May 17 2007. 12 02 AM IST
Updated: Thu, May 17 2007. 12 02 AM IST
Nice, France: India’s coal imports will rise to around 53 million tonnes (mt) by 2011-12 from around 30mt at present, one of India’s largest coal importers said.
Joshy Varghese, vice-president, trading, of Indian trading company Coal & Oil, said, “Of the 53mt of expected imports, 34 million is likely to be taken by the power sector, seven million by cement, five million by the steel and sponge iron sectors, and seven million by miscellaneous industrial buyers.”
The cement-production sector in India is expanding rapidly to meet growing demand due to India’s construction boom, he said. “A continued boom in cement output will require higher coal imports.”
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First Published: Thu, May 17 2007. 12 02 AM IST
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