India could face a ‘coal shock’ sooner than later if the power utilities do not wake up to the fuel security risks from stagnating domestic production and start planning long-term coal imports to meet the fuel shortage. Although big power producers like NTPC are already meeting domestic coal shortages with imports, they have not shown any urgency to get into long-term import contracts. Read whole Update: http://tanmaygopal.blogspot.com/2010/02/update-on-coal-and-guj-nre-coke-we-had.html
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