The Hindu reported that Coal India Limited is very unlikely to import in 2012 or even in 2013.

CIL officials said that "We will entrust it to somebody who is experienced and has the expertise. There would be an agreement between them and users on our behalf."

They added that "This year, an equivalent of 18 million tonnes imported coal is required to meet 80% of new fuel supply agreements and 90% of old FSAs in 2012-13. This can go up to 30 to 32 million tonnes in 2013."

Source - The Hindu

(www.coalguru.com)