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    coal investing

    Coal India Pacts Not Likely to Help India Power Problems

    Investing News Network
    Apr. 17, 2012 12:44PM PST
    Industrial Metals

    Reuters reported that Coal India’s (BSE:533278) new power pacts won’t be enough to meet India’s demand for power.

    Reuters reported that Coal India’s (BSE:533278) new power pacts won’t be enough to meet India’s demand for power.

    As quoted in the market news:

    Coal India expects to raise its output to 464 million tonnes in 2012/13, after producing about 436 million tonnes in the fiscal year that ended in March – missing its scaled down target.

    Click here to read the full Reuters report.

    coal investingindia
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