Private Investors Shun India’s Coal Projects ...Middle East

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Private Investors Shun India’s Coal Projects
India’s Coal Ministry has received bids from private investors for just 19 out of the 67 coal mines it had put up for an auction to private investors, the ministry of one of the world’s largest coal consumers has said. India, which continues to plan future coal capacity despite the global push against the dirtiest fossil fuel, received a total of 34 bids for 19 coal mines, including 10 fully explored and nine partially explored mines, the ministry added. Of the 19 mines that attracted interest, four are coking coal mines, and the other…

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