India fast catching up with China in coal imports
26 Sep 2022
India is fast catching up with China in its thermal coal
imports, as the world's two biggest overseas buyers of the power generation
fuel adjust purchases to align them with the varying trajectories of their
economic growth.
India, widely seen as one of
the last remaining major growth markets for the fuel, has stepped up buying
from Indonesia and Russia after the invasion of Ukraine, which Moscow calls a
special operation.