India’s Top Utility Looks To Import Coal As Energy Crisis Continues | OilPrice.com

The largest power generating company in India, NTPC Ltd, is looking for bids to import at least one million tons of coal for the first time in two years, Bloomberg reported on Friday, citing tender documents the utility posted on its website.

The first tender in two years for overseas coal supply highlights the shortage of the fuel in India, where coal is the major power generating fuel, accounting for 70 percent of total electricity generation.

Currently, more than 91 percent of the coal which top coal producer Coal India is mining is being sent to thermal power plants, as the country looks to avert a major power crisis, The Indian Express reported on Friday.

India’s Top Utility Looks To Import Coal As Energy Crisis Continues | OilPrice.com