Coal news and updates

India eyes coal import from Russia, Australia, Indonesia

The govt may shortly initiate negotiations with Russia, Australia, Indonesia and South Africa to help state-run Coal India import coal at a discounted rate as an emergency measure to avoid a fuel shortage for the country’s strained power plants and create buffer stocks, two govt officials aware of the plan said

NEW DELHI : The government may shortly initiate negotiations with Russia, Australia, Indonesia and South Africa to help state-run Coal India Ltd import coal at a discounted rate as an emergency measure to avoid a fuel shortage for the country’s strained power plants and create buffer stocks, two government officials aware of the plan said.