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    coal-investing

    Coal India Counting on Domestic Growth

    Investing News Network
    Dec. 24, 2012 07:30AM PST
    Industrial Metals Investing

    Coal India Counting on Domestic Growth

    Reuters reported that Coal India is looking to domestic growth in the industry to feed the burgeoning Indian demand.

    As quoted in the market report:

    The state-run miner, which supplies about 80 percent of India’s coal, has been under immense pressure from its industrial customers and the government to increase output quickly after stagnation in the past two years has left many power plants running below capacity.

    To view the full Reuters report, click here.

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