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Energy is one of the major drivers
of economic growth of any country. India is currently among the top three fastest-growing
economies of the world and is heavily reliant on coal to power its industries. Major
coal importers play an integral role in helping India to meet its growing
demand.
Around 66% of India’s power
generation is coal-based. The professional importers of coal ensure that there
is enough stock to cater to industrial needs. Vinod Agarwal, the MD of Agarwal
Coal, has a physical stock of 1.25 million metric tons of coal in ports.