India Coal Import

India's record domestic output of coal has eased tight inventories at power plants, to an average 12 days' supply at the end of 2022

Indian imports of petcoke, mostly used by cement plants, doubled to 9.77 million tonnes in 2022 as they were cheaper compared with coal, whose prices hit record highs following Russia's invasion

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 .

Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India's coal output

Import of coal by the power sector has increased in ongoing financial year and the sector imported 38.84 million tonne (MT) of the dry fuel in April-October period, Parliament was informed on Wednesday. "...import of coal by the power sector increased during current financial year of 2022-23. As against the total import of 27 MT by power sector in entire year of 2021-22, the import of coal by power sector in first 7 months increased to 38.84 MT," Coal Minister Pralhad Joshi said in a written reply to Lok Sabha. However, much of the rise in import has gone to feed domestic coal-based plants, and the restoration of power generation by imported coal-based plants to its potential level has remained slow. As per the current import policy, coal is kept under open general licence and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty. The Centre does not interfere in this matter. However, the power ministry had

Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024. Speaking at an event at the office of the Comptroller & Auditor General of India here to release a 'Compendium of Asset Accounts on Mineral and Energy Resources', the minister said commercial coal mine auction which was institutionalised by the present government has made the auctioning process totally transparent. Joshi also complemented CAG's office for bringing out the first ever compendium of asset account on mineral assets of the country. The minister said that the report presents comprehensive picture of the mineral resources spread across different states in the country. He said that the compendium will help in further strengthening sustainable mining process which is of great importance for ecology and future generation. Collating the information of the state asset accounts, the government accounting standards advisory board has prepared the ...

Indian consultancy Coalmint expects September thermal coal imports from Russia to decline 30% from August to 1.4 million tonnes

India is fast catching up with China in its thermal coal imports, as the world's two biggest overseas buyers of the power generation fuel adjust purchases

The increased expenses slashed profits of some of the biggest mills in India at a time when commodity prices were rallying to multi-year highs

India's growing appetite for Venezuela's petcoke - a byproduct from oil upgrading and an alternative to coal - is being driven by a scramble for inexpensive fuel to power industries

NTPC and Coal India had awarded import contracts to Adani

Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices

India is planning to import nearly 76 million tonnes (MT) of coal this fiscal year to reach the fossil fuel shortfall in power plants

Power generating firms (gencos) have imported 92.07 lakh tonne of coal in April-June this financial year for blending purposes ahead of Monsoon season, Parliament was informed on Thursday. "Ministry of Power (in April) advised Central Gencos, State Gencos and Independent Power Producers (IPPs) to import coal for blending purpose during 2022-23," Union Power Minister RK Singh said in a written reply to the Lok Sabha. He also informed the House that to ensure minimum coal stocks in power plants before the onset of monsoon, the power ministry advised all Gencos to complete placement of awards for import of coal before May 31, 2022. In May, the ministry had stated that domestic coal would be allocated proportionately to all Gencos based on the likely availability of domestic coal from Coal India Ltd (CIL) /Singhareni Collieries Company Ltd (SCCL) from June 1, 2022, and the shortfall is to be met from blending of the imported coal. The reply showed that 92,07,000 tonnes of coal were ...

State-owned CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder, sources said on Monday. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of coal, was earlier selected for the short-term shipment. However, for a medium-term tender for sourcing additional 6 million tonnes (MT) of coal from overseas, PT Bara Daya Energy had qouted Rs 2,000 per tonne less than the rate quoted by the Adani group firm. So, Coal India, in its board meeting held on July 8, decided to cancel the short-term tender of 2.416 million tonnes and PT Bara Daya Energy was asked to supply the indented quantity against the medium-term tender, the sources said. A query sent to Adani Enterprises seeking comment on the move remained unanswered. According to the sources, the letter for award of contract was issued to the lowest bidder of medium term-tenders for east and west coast supply on July ...

Bara Daya Energi is blacklisted by Gujarat and was rejected by CIL in first tender

Quite low in the pecking order of inbound consignments at one point, the fossil fuel today accounts for a third of the value of crude entering the country

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

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

With domestic production targets slipping, India needs to buy record quantities of the world's most polluting fuel at a time when prices are rising