India’s coal production up: but banks weigh up the risks

by Editor

Reading Time: 1 min read

India’s coal production grew 8.55% year-on-year (YoY) to 223.36 million tonne (MT) during the June ended quarter. But banks are a little nervous. Of the 87 mines auctioned to private companies in the past three years in a push called “Unleashing Coal” – part of India’s energy self-sufficiency plans – only four are operating, with the rest awaiting financing, a […]

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