Indian govt projects sharp drop in thermal coal imports but analyst disagree.

India's Power Ministry has estimated coal demand from domestic thermal power plants at 651-million tons in 2019/20. State-miner Coal India Limited (CIL) has assured thermal power producers supply of 530-million tons during the financial year, while the balance of 121-million tons will need to be imported. However, a section of the industry maintains that the coal import volume projection for the current year is "unrealistic", considering that it represents an almost 50percent reduction on the coal shipped in during the last financial year, which was recorded...