Coal mines in Kentucky and West Virginia will send millions of tons of coal to India, under the terms of a 25-year contract that was signed today.
The $7 billion deal between FJS Energy, a New Jersey-based energy company, and a coal group in India will send 6 to 9 million tons of coal annually for use in Indian power plants and steel production. There are coal mines in India, too, but production is unable to meet growing demands.