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Commodities Briefing - Categorized | Energy, Investment, Metals and Minerals more

Energy crisis: India needs to invest in underground mines

Posted on 22 October 2012

The slick mechanised operations at the Piparwar open-cast mine in eastern India, an ugly gash in the landscape bigger than New York’s Central Park, could lead the casual observer to conclude that the country’s coal industry is on a roll.
Piparwar, run by the state miner, produces some of the lowest-cost coal in India, just what’s needed for a country struggling to get enough of the “black diamond” to fix a power crisis that recently plunged half a billion people into darkness and chokes economic growth………………………………………..Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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