The Center, founded in 1985, is an environmental organization dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources and expanding participation in the environmental movement.
Wednesday, June 17, 2009
India Plans to Increase Coal Output
India is planning to raise its coal production target and divest coal-mining monopoly Coal India Ltd. Only a few state-run companies are currently allowed to mine domestic coal commercially. Coal India, Ltd, one of the world's largest coal companies by output, produces nearly 85% of the country's output. The company will likely exceed its production target of 435 million tons in the year that started April 1. The government may sell up to a 10% stake in Coal India as part of the reform process. (WSJ, 6/17/09)
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