India cuts June domestic coal supply targets to utilities by 11.1%

NEW DELHI: India has slashed domestic miners’ coal supply targets to power plants for June by 11.1%, according to a power ministry letter seen by Reuters.
The power ministry asked power plants which have not yet begun blending imported coal with local supplies to ship in 15% of their requirements until October, according to the letter dated May 24.
India had earlier asked utilities to import 10% of its total needs.

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