India´s coal import bill surged 42 per cent to Rs 11,441 crore in November 2014 despite a 16 per cent increase in Coal India´s production, highlighting the rapidly widening demand-supply gap for the fuel in the country.
The import bill widened despite coal prices in major exporting countries such as Indonesia, South Africa, and Australia being nearly 20-25 per cent lower than the same month last year.
Leave a Reply
You must be logged in to post a comment.