The Indian power company, Coal India, has announced plans
to invest $107 million in building a terminal in the country’s
southeast as part of a joint-venture with Visakhapatnam Port
Trust. It will have an annual capacity of 6mt (million tonnes)
and should be operational by 2013. It will handle imported
coal as part of a joint-venture with the National thermal
Power Corporation, which plans to import 40mt of coal in
2010-2011.
BC