Page 4 - Coal Import

India's coal import rises 30% to 22 million tonnes in April

India's coal import rose 30.3 per cent to 22.27 million tonnes in April amid supply concerns and demand for pre-monsoon restocking of dry fuel. The country had imported 17.09 million tonnes of coal in April last year, according to a provisional compilation by mjunction services, based on monitoring of vessels' positions and data received from shipping companies. "India's coal and coke imports in April 2021 through the major and non-major ports are estimated to have increased by 30.3 per cent over April 2020... Imports in April 2021 stood at around 22.27 million tonnes (MT) as against 17.09 MT imported in April 2020," it said. "The demand for pre-monsoon restocking and supply concerns led to a surge in coal import during the month under review. Recently, tightened supply in overseas markets have firmed up prices. This factor coupled with the onset of monsoon is expected to keep the volumes in check in the near term," Vinaya Varma, MD & CEO, mjunction services Ltd, said. mjunction ..

India's coal import likely to be subdued in coming months: mjunction

India's coal import is expected to be subdued in coming months on account of various factors like prevailing Covid situation and high coal stock in the system, according to mjunction

India's coal import drops 14% to 196.13 million tonne in Apr-Feb FY21

India's coal import dropped 13.6 per cent to 196.13 million tonne (MT) in the April-February period of the ongoing fiscal year

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

Coal India aims to substitute 80-85 million tonne of imported fuel in FY'21

State-run Coal India is aiming at substituting imported dry fuel of 80-85 million tonne with more domestic supplies in the current fiscal, an official said

India's coal import drops 19% to 116.8 mn tonnes during Apr-Oct this fiscal

Of the total import in October 2020, non-coking coal was at 14.46 MT. In October 2019, the import was 13.57 MT

Coal India sees 65% spike in e-auction bookings at 41 mn tonnes

The special categort e-auction launched in July is part of the company's efforts to bring down coal imports

Thermal, coking coal imports dip 28% to 46 mn tonnes in Apr-Aug: IPA

Thermal coal imports dropped 25.42 per cent to 28.93 MT and coking coal shipments fell 31.87 per cent to 16.84 MT during this period

Coal import drops 35% in Aug on low demand from power, cement sector

Of the total imports in August, non-coking coal''s shipment was at 8.87 MT and coking coal at 2.18 MT

Govt plans cut in coal imports in coming years to save forex, create jobs

Coal is among the top five commodities imported by India, the world's largest consumer, importer and producer of the fuel after China

Coal India launches special category of e-auction for coal importers

Any coal buyer, who imported coal during the current and any of the last two financial years, is eligible for participating in this new version of e-auction, CIL said

Govt plans to bring country's 'avoidable coal imports' to zero by 2023-24

Coal import dips 20% to 19 MT in May

Power producers' coal imports up 17.6% at 52.48 MT in Apr-Dec 2019

Adani Power's Mundra plant alone imported 12.83 million tonnes of coal during the first nine month of this fiscal, a growth of 45.7 per cent over 8.81 million tonnes in the same period a year ago

Govt to stop substitutable coal import; may auction explored blocks: Joshi

Centre can go for auction of 100 fully explored blocks, said Joshi

India's coal imports rise 4% to 161.43 MT in April-November 2019

This comes amid the Centre exuding hope that imports of the fossil fuel would be contained to 235 MT this financial year

India rethinks its coal future, plans to reduce import dependence by 2031

Overdependence on Australia for coking coal for its steel plants makes it vulnerable to supply chain disruptions and diminishes its capacity to negotiate on prices

Indian steel firms should invest in Russia to lower coal prices: Official

Executives of Indian companies met senior Russian officials, and Leonid Petukhov, CEO, Far East Investment and Export Agency in the presence of Union Petroleum and Steel Minister Dharmendra Pradhan

Coal imports at major ports slip 18% to 51 MT in April-October: Report

Thermal coal imports declined by 17.69 per cent to 51.10 million tonnes at the country's top 12 major ports during April-October this fiscal, latest Indian Ports Association report has said. The Centre-owned ports had handled 62.08 MT of the thermal coal in the same period previous year. The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report said "percentage variation from previous year" in thermal coal handling was at 17.69 per cent. As far as coking and other coal is concerned, its handling recorded a rise of 6.88 per cent at 33.43 MT during the seven months period. These ports had handled 31.28 MT of coking coal in the corresponding period last fiscal. Thermal coal is the mainstay of India's energy programme as 70 per cent of power generation is dependent on the dry fuel, while coking coal is used mainly for steel-making. Earlier, mjunction services -- a B2B e-commerce joint venture between Tata Steel and SAIL -- has repo

Coal imports to surge to a record in 2019, shipments will climb 11%: Adani

India is seen maintaining its reliance on coal-fired power, which accounts for 70% of its electricity generation, even as the fuel emerges as a leading cause for the country's toxic air

Coal imports rise 5% to 190 mn tonnes in April-January: Report

But January month saw a decline in coal import to 17.25 MT from 19.59 MT in the same month of the previous fiscal