Russian coal could be on its way to India

Bimco estimates that Russian coal could be on its way to India as the country’s coal inventories reach critical levels. Trade is expected to accelerate especially as of mid-August, when the EU’s ban on Russian coal imports will have come into full force.

Chimneys of a coal-fired power plant in India. | Photo: ADNAN ABIDI/REUTERS / X90166

Coal from Russia could find its way to India, where the Ministry of Power has instructed power plants to increase imports of coal, according to shipping organization Bimco.

The ministry demands that plants technically designed to operate using domestic coal start importing a minimum of 10% of the requirement.

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