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    coal investing

    Coal Shortage May Hurt India Power Production

    Investing News Network
    Apr. 06, 2011 04:50PM PST
    Industrial Metals

    Marketwatch reported on India’s shortage of domestic coal supply.

    Marketwatch reported on India’s shortage of domestic coal supply.

    The editorial is quoted as saying:

    Coal India, the world’s largest coal producer, meets more than 80% of the country’s dry-fuel requirement and any fluctuation in its supply affects power generation. It cut its production target three times in the last financial year and is now targeting a production of 452 million metric tons this year, 7% less than its original aim.

    To read the full editorial, click here.

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