Coal Import

The scandal over an unofficial levy in Chhattisgarh reflects the shortage that is afflicting the economy and a walk-back from market-friendly reforms

Power Minister RK Singh on Thursday exuded confidence that there will be no disruption in electricity supply due to high demand during summer, and he will not hesitate to import coal and mandate thermal plants to run at full capacity for the purpose. The Indian power system has already met a record power demand of 211.6 GW in June 2022. During the current year 2023, the power demand is expected to be around 225 GW during summer, Singh said in a written reply to the Lok Sabha on Thursday. Asked about rising power demand, Singh told reporters in a press conference, "We are prepared. There is no question of being a disruption in supply if I need to import coal I will import it. If I need to blend, I will blend". He explained that blending (of imported coal) has been happening earlier and so he has no hesitation at all in blending. Singh assured that there is not going to be any shortage of coal. He stated that as far as section 11 is concerned if there is a need ...then I will do ...

India imported 131.92 million tonne of coal worth Rs 2.3 lakh crore in April-September period of ongoing financial year. In FY22, the country's coal import of 208.93 million tonne (MT) was worth Rs 2,28,741.8 crore, Coal Minister Pralhad Joshi said in a reply to the Rajya Sabha. The coal import was 215.25 MT in FY21, 248.54 MT ( FY20), 235.35 MT (FY19) and 208.25 MT (FY18), the minister said. Import of coal in India consists mainly of coking coal and high grade coal, whose prices are normally higher than thermal coal. The average landed price per tonne of imported coal up to September of current financial year was Rs 19,324.79 while the average notified price per tonne (ex-colliery) of domestic coal was Rs 2,662.97 in the same period. India imports coking coal and other high gross calorific value (GCV) coal as domestic production is limited due to either scarce reserves or non-availability. Imported coal based (ICB) power plants in the coastal region import coal as they are so .

Union coal minister Pralhad Joshi on Friday said that the country will stop import of thermal coal by 2024-25. Joshi was speaking at the 'Mincon 2022' Mines -Mineral-Metals event here. The minister expressed his concern that that the country has to import coal despite having adequate domestic resource of the fuel. He said that Prime Minister Narendra Modi told him that this substitute coal import has to stop. "We are working in that direction and I am assuring you that by 2024-25, the substitute coal that is thermal coal import, we are going to stop it," he said. Joshi said that the government is taking pro-industry initiatives. "There was a time, when those in power used to think that talking about industry, business and industrialists is kind of anti-poor. But, our government does not think like that, we think your businesses should run nicely and our policies should be good and the revenue from you will help in serving the poor. This is the firm belief of the government and we

India's imports from Russia have jumped nearly five times to over $15 billion ever since Russia invaded Ukraine

NTPC and Coal India had awarded import contracts to Adani

Opposition legislators on Friday stormed into the well of the Goa Assembly to protest against three projects which they claimed will turn the state into a coal import hub.

Surprisingly, its coal more than oil that is emerging as a huge pressure point

The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting

Apart from Adani, the other two names disclosed by CIL from its pre-bid meetings were contenders in the NTPC tender as well.

State discoms remain financially stressed and are against imports, while domestic coal availability is under pressure

According to industry experts, the government is making all efforts to build up stock of coal to avoid the reoccurrence of power outrages which happened in April

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CIL to import coal for states; working capital pressure worries IPPs

Power plants constructed had asked the power ministry for pass through of the cost they are incurring due to costlier imported coal cost to the consumers

The power ministry said lower imports were putting pressure on domestic coal supply and resulting in depletion of fuel inventories of power plants

China's coal imports from Russia nearly doubled between March and April, reaching 4.42 million metric tons, media reports said.

The government measures to ease power supply constraints through higher coal imports are likely to increase cost of supply for discoms by 4.5-5.0 per cent in 2022-23, Icra said on Tuesday. On May 5, Ministry of Power (MoP) issued a directive under Section 11 of the Electricity Act, stating that all imported coal-based power plants shall operate and generate power at their full capacity to meet the growing demand, Icra stated. As per this directive, all states and power generating companies (gencos) based on domestic coal will have to import at least 10 per cent of their fuel requirement for blending with domestic coal and meet the growing demand for electricity. This directive by the ministry is valid till October 31, 2022. As the present power purchase agreements (PPAs) do not provide for a pass-through of the fuel cost for these projects, the tariff for supply from these plants under PPAs shall be worked out by a committee with representatives from the MoP, Central Electricity ..

The ministry of power has asked government and private sector utilities to import 19 million tonnes of coal by the end of June