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Coal imports up 10% in September as power plants face fuel shortage

Coal India accounts for over 80% of the domestic coal production

Press Trust of India  |  New Delhi 

Coal mines, Coal

rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, as some power plants faced fuel shortages.

"(all types) in September 2017 stood at 18.33 MT (provisional), against 16.73 MT in September 2016," according to latest data by m-junction services.

mjunction services is an procurement and sales platform floated jointly by state-run and steel behemoth

There was a revival of demand post-rains, mjunction CEO Vinaya Varma said, adding that at present the buyers are looking for restocking for the approaching winter months.

Besides, he said, the healthy growth in coal-fired generation of late has raised demand in the country, resulting in higher off-take from domestic sources as well as of the material.

"The higher volume of and in September (9.6 per cent year-on-year) is mainly due to a 1.1 MT increase in non-coking during the month under review. There was also an increase in non-coking in September 2017 on a month-on-month basis," according to mjunction.

Of the 18.3 MT of imported in September, 12 MT was non-coking coal, followed by coking at 4.1 MT and 1.4 MT pet coke among others.

In April, the first month of the ongoing financial year, India's declined marginally to 19.08 MT as against 19.63 MT in the same month of 2016-17.

In May, they came down to 18.38 MT as against 19.38 MT a year ago.

In June the again dropped to 18.22 MT, against 21.50 MT a year-ago. In July, they were at 14.64 MT, down from 19.15 MT.

In August, the import of were down to 18.80 MT as against 19.75 MT same month of 2016-17.

Import of saw a decline of 6.37 per cent to 191.95 MT in 2016-17 on higher production by India that saw the country move to a regime of surplus

accounts for over 80 per cent of the domestic production.

First Published: Sun, October 08 2017. 13:44 IST