India is a major coal producer, but it can’t keep pace with demand, Abhijeet Group Executive Director Anand Kumar sees the agreement as a way of providing India with a reliable supply high quality coal. “The import of coal will help us meet India’s increasing demand for energy and steel,” Kumar said. “This partnership is an example of the strong potential between American producers and Indian customers.” Kumar said he sees potential for “significant growth” in Appalachian coal exports to India.
Booth Energy President Jim Booth said his company has the capacity to supply about 2 million tons of coal annually to India. Others coal producers in Kentucky and West Virginia will supply the remaining 7 million tons.