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India to surpass China in thermal coal imports

India to surpass China in thermal coal imports
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India is set to overtake China as the biggest importer of power-station coal, emerging as the leader of a clutch of regional nations that miners including Glencore Plc and BHP Billiton Ltd can tap for new orders. Indian thermal-coal imports will surpass China´s by 2017 or sooner, Bloomberg Intelligence analysts William Foiles and Andrew Cosgrove said in a report. China, the world´s biggest energy consumer, is cutting down on coal use to fight pollution. India and its regional peers including Indonesia, Vietnam, Japan and South Korea plan to increase their combined coal-fired generating capacity by more than 204 gigawatts, or 60 per cent, through 2019, as per the report.

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