India Looks To Cut Coal Imports, U.S. Suppliers May Pay The Price — Panjiva
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India Looks To Cut Coal Imports, U.S. Suppliers May Pay The Price

Energy - Coal 69 Energy - Conventional 468 European Union 877 India 550 U.S. 5398

The Indian government will allow foreign firms to tender for coal mine developments for the first time. That’s being done in part to reduce the growing Indian reliance on imported coal as well as because of reduced financing capacity at Coal India. Indian imports surged 18.5% higher in 2Q 2019 and reached $19.9 billion in the 12 months to Jun. 30. Australia has represented the single largest source with 36.8% of the total in the past 12 months, focused on thermal coal for power generation. Indonesian shipments represented 29.3% and may be protected in order to preserve related deals rega...

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