Credit: REUTERS/Amit Dave By Sudarshan Varadhan NEW DELHI, April 27 (Reuters) – India has urged its states to step up coal imports for the next three years to build up inventories and satisfy demand, four sources told Reuters, a move set to benefit global prices of the fuel, already running high because of war in Ukraine. The decision to boost imports underscores the severity of India’s fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years and electricity demand is seen rising at the fastest pace in nearly four decades. India, the world’s […]
EXCLUSIVE-India tells its states to step up coal imports for three years -sources
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