India

The first shipment in a huge deal to export coal to India hasn’t yet left Appalachia. The deal was announced in August: Kentucky-based Booth Energy agreed to send up to nine million tons of coal a year to India for 25 years, at an estimated value of $7 billion. The first shipment was supposed to be on its way by the end of September.

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 Wednesday. The deal is being hailed as a sign of hope in the coal export market.