Russia to raise coal output to 430 mn tonnes

January 24th, 2012 - 6:47 pm ICT by IANS  

Moscow, Jan 24 (IANS/RIA Novosti) Russia will boost its coal output from last year’s 330 million tonnes to 430 million tonnes by 2030 to meet the growing domestic and world demand, said Prime Minister Vladimir Putin Tuesday.

“We are working out measures which will allow us to increase output by 100 million tonnes to 2030,” Putin said at a coal industry development meeting in Russia’s Siberian coalfield.

Putin said he had approved a coal industry development plan for the period to 2030, which included 3.7 trillion rubles ($117 billion) in total financing, including 251.8 billion rubles from the federal budget.

–IANS/RIA Novosti

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