India Plans Coal Trading Exchange as Domestic Supply Soars ...Middle East

OILPRICE - Economy
India Plans Coal Trading Exchange as Domestic Supply Soars
source : OILPRICE ( Middle East ) () 45
India’s Coal Ministry is proposing to establish a coal trading exchange as domestic coal production jumps with the government push for higher output and sector reforms allowing private firms to operate mines. “With the increased availability of domestic coal in the country, it is envisaged that there would be a paradigm shift towards a surplus coal scenario,” the Coal Ministry said in a notice launching a public consultation on the creation of a coal trade exchange. The surge in domestic coal supply would change the existing mechanisms…

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