© 2023 Louisville Public Media

Public Files:
89.3 WFPL · 90.5 WUOL-FM · 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
Stream: News Music Classical

Kentucky to Sell More Coal to India

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.State government wasn’t involved in the negotiations, but Kentucky Governor Steve Beshear says the deal is good news for an industry that’s in a state of flux.“International exports present a promising opportunity for Kentucky coal producers and consequently for our communities whose economic vitality depends on coal," he said. "This is a good first step, with the possibility for a lot of growth.”Eastern Kentucky coal mines produced 68 million tons of coal last year, and most of it was used domestically. But a variety of market and regulatory factors have reduced the demand for coal in the United States, and many coal mines have laid off workers or slowed production.

Can we count on your support?

Louisville Public Media depends on donations from members – readers like you – for the majority of our funding. You can help make the next story possible with a donation of $10 or $20. We'll put your gift to work providing news and music for our diverse community.