India's problems with coal sector continue | BTI
In January 2017, India’s coal imports declined by 22 per cent to 14 million tonnes because of lukewarm demand from power generating stations. Coal India Limited, which accounts for 80 per cent of domestic coal production, has posted its worst ever financial results for H1-FY17 as revenues declined even as expenses rose. At the same time, PLF of thermal power stations continues to be near all-time lows of under 60 per cent.