India negotiates coal supply with Russia and Mongolia

UNITED STATES (OBSERVATORY NEWS)

Indian authorities are negotiating with Mongolia and Russia on the supply of coking coal to reduce dependence on other countries, the Economic Times writes with reference to the Minister of Oil, Natural Gas and Steel of the Republic of India Dharmendra Pradhan.

According to him, India imports coal from Australia, but high-quality coking coal is available in Mongolia, and countries are negotiating on this issue.

“We also began negotiations on behalf of the Government of India with the Russian authorities and signed a memorandum of understanding on cooperation on the activities of enterprises in the field of coking coal,” the minister said.

According to Pradhan, negotiations are being held with the participation of Indian state-owned companies in the sector, including Coal India and SAIL.

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