Coal India chooses energy-intensive manufacturing; Adani and NTPC chase vertical integration.

For a long while now, from the time #DespiteTheState went to the presses, I have been chasing a story on coal. You know the score. India’s coal sector is behaving in discontinuous ways — Coalblock auctions find few bidders; Coal India mulls diversification into Aluminium smelting and solar ingot/panel manufacturing; power producers like NTPC and […]