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India’s Coal Supply Shortfall May Triple in 5-7 Years
Feb. 23, 2011 07:22AM PST
Industrial Metals InvestingBloomberg reported that India’s coal deficit may increase by three times over the next five to seven years.
Bloomberg reported that India’s coal deficit may increase by three times over the next five to seven years.
The market news is quoted as saying:
An increase in coal imports may push up prices and “seriously affect” the ability of power companies to pay debt, ICRA Ltd. said in an e-mailed note yesterday.