Page 2 - India Coal Import

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

India's coal imports may drop 11% to 186 MT in FY23: Coal ministry

India's coal import is likely to decline by 11.4 per cent to 186 million tonnes (MT) in the current financial year, even as the state-owned firm has issued tenders to source the fuel from overseas.

India to ramp up coal output to reduce dependence on imports: Moody's

The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock

Decline in coal imports in FY22 due to less buying by power sector: Govt

The government on Thursday said the drop in coal imports in FY'22 was mainly on account of the power sector's inbound shipments declining.

India asks power producers to seek weekly payments to manage coal imports

NEW DELHI (Reuters) - India has asked power producers to bill electricity buyers every week to ensure adequate cash flow as costs surge due to higher imports of expensive coal, according to a federal power ministry letter seen by Reuters.

India's power generation doubles in May on imported coal blending: Data

Power generation by domestic coal-based plants that blended imported dry fuel has more than doubled to 143 million units (MU) per day in May compared to 66 MU in the same month a year ago

Govt pushes states, gencos to import coal before monsoon to offset shortage

The power ministry has directed all gencos to ensure adequate stocks at their power plants for smooth operation until October 2022

Centre pressuring states to purchase imported coal, alleges CM Gehlot

Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that the Centre is pressuring states to purchase imported coal, which costs three times more the one produced in the country. He also urged the Centre to remove the requirement of purchasing imported coal, which he said has been increased to 10 per cent of the total purchase. According to a release, Gehlot said the price of imported coal is three times higher than that of provided by Coal India. The chief minister said Rajasthan may have to bear a burden of Rs 1,736 crore if it purchases the imported coal. "The Union ministry of power had issued an advisory in December 2021 to the Rajasthan Vidyut Utpadan Nigam for 4 per cent imported coal blending and in April, it has been made mandatory to buy 10 per cent," a release quoting Gehlot said. "The price of this imported coal is more than three times the price of coal being given by Coal India Limited. Its cost is expected to be about Rs 1,736 crore, which is much higher than th

Power engineers' group seeks withdrawal of Centre's order on coal import

All India Power Engineers Federation has urged the central government to withdraw its direction to states' gencos to import coal amid the shortage of dry fuel, crippling electricity generation

India sets 19 mn tonnes end-June coal import targets as power woes mount

The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.

Higher domestic coal output helps reduce imports, says govt

Imported coal-based power generation which was 78.07 BU during April to January 2020 has reduced by 55 per cent to 35.13 BU during corresponding months of current FY'22

India's coal imports fall 23% during Apr-Jan 2022 as local production rises

The domestic coal-based power generation upto January 2022 is 815.72 Billion Units (BU) with an increase of 12.55 per cent over 724.746 BU during the corresponding period of FY20

NTPC steps up coal imports, seeks to avoid power crunch later this year

Indian power producers are returning to the seaborne coal market as they rebuild stockpiles after last year's energy crisis.

India's coal import declines 27% to 16 mn tonnes in October

India's coal import registered a decline of 26.8 per cent to 15.75 million tonnes (MT) in October over the same month a year ago. The country had imported 21.50 MT of coal in October 2020, according to data compiled by mjunction services. "India's coal and coke imports in October 2021 through the major and non-major ports are estimated to have decreased by 26.8 per cent over October 2020," it said. mjunction -- a joint venture between Tata Steel and SAIL -- is a B2B e-commerce company and also publishes research reports on coal and steel verticals. However, coal import in October was up 6 per cent as compared to 14.85 MT imported during September 2021, the data show. Of the total import in October 2021, non-coking coal was at 9.47 MT, against 14.46 MT imported in October last year. Coking coal import was at 4.05 MT, lower than 4.92 MT imported in October 2020. During the April-October period of the ongoing fiscal, total coal import stood at 123.09 MT, about 5.4 per cent higher t

India considering strategic reserves for natural gas, imported coal

India is considering maintaining strategic reserves of natural gas and imported coal to address future supply shocks

India's coal import rises 50% to 19 million tonnes in June

India's coal import rose 50 per cent to 18.77 million tonnes (MT) in June this year, when compared to the shipments arrived in the same month of 2020

India's coal import rises 20 pc in May; volumes may be subdued in monsoon

India's coal import rose 20.4 per cent to 19.92 million tonnes (MT) in the month of May. The country had imported 16.54 MT of coal in May last fiscal, according to data compiled by mjunction Services. "On a year-on-year basis, however, India's coal and coke imports in May 2021 were up 20.4 per cent as against 16.54 MT clocked in May 2020," it said. Import volumes of dry-fuel, it said, are expected to remain subdued in the ongoing monsoon season on account of lower demand, firm prices and high freight rates. India's coal import also rose 25.4 per cent to 42.19 MT in the first two months of the ongoing fiscal, against 33.63 MT of coal imported in the corresponding period of previous financial year, it said. Of the total import in May, non-coking coal was at 13.64 MT, against 10.54 MT imported in May last financial year. Coking coal import was at 4.41 MT, up against 3.18 MT imported in May last fiscal. During April-May, non-coking coal import was at 28.96 MT as compared to 22.82 MT

India's coal production drops marginally by 2% to 716 mn tonnes in FY'21

India's total coal production registered a marginal decline of 2.02% to 716.084 million tonnes during the last fiscal year

India's coal import drops 17% to 137.16 mn tonne in Apr-Nov: mjunction

India's coal import declined by 17 per cent to 137.16 million tonne (MT) in the April-November period of the current fiscal.

To protest domestic producers, coal shipments disclosures amde madatory

Importers of coking coal, steam coal and bituminous coal would have to gain a permit ahead of deliveries, the commerce and industry ministry said