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Coal imports up 21% in 2013: OreTeam

Firm says shipments could rise to 170 million tonne this year

Reuters  |  New Delhi 

India's coal imports rose 21% to 152 million tonne last year as power producers bought more due to low prices and a domestic shortage, research firm OreTeam said, adding that shipments could rise to 170 million tonne this year. Bureaucratic, environmental and legal delays in adding new mines and expanding existing ones have made India the No. 3 importer of coal, behind China and Japan, even though it sits on what BP Plc ranks as the world's fifth-largest reserves. Most of the imports come from Indonesia, South Africa, Australia and Canada. India shipped in a total of 126 ...

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First Published: Wed, January 22 2014. 13:41 IST