Coal Imports

Coal imports increase 2.2% to 111.2 million tonnes in April-August

Coal imports rose by 2.2 per cent to 111.20 million tonnes in the April-August period of the current fiscal compared to 108.81 million tonnes in the year-ago period, an official release said on Tuesday. However, the non-regulated sector saw a 10.3 per cent drop during the April-August period as compared to the same period of last year, the coal ministry said in the release. In value terms, the price of overall imported coal during April-August 2024-25 was Rs 120,532.21 crore. Despite a growth of 4.97 per cent in coal-based power generation from April to September 2024 compared to the same period last year, imports for blending purposes decreased to 9.79 MT compared to last year which was 10.70 MT indicating a decline of 8.5 per cent during the same period. "This decline underscores India's steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said. The increase in coal import for the power sector is attributed to the import of

India's thermal coal imports hit 15-month low amid lower power demand

Shipments into the world's second-largest coal importer plunged 31.8 per cent to 13.56 million metric tons

Coal imports rise marginally by 0.9% to 90.51 MT in Apr-Jul of FY25

There is a "critical need" for coal imports, and the country has reported a marginal rise of 0.9 per cent to 90.51 mt in the April-July period of FY25, according to an official statement. India, which has the fifth-largest coal reserves in the world, is also its second-largest consumer, driven by a rapidly growing economy, Ministry of Coal said on Wednesday. Coal production during the April-July FY25 period increased 9.56 per cent to 321.40 MT from 293.35 MT in FY24. "However, the current consumption landscape reveals a critical need for imports, particularly for coking coal and high-grade thermal coal, which are not sufficiently available within domestic reserves. This shortfall necessitates imports to support key industries, including steel," it said. According to the ministry, coal imports during April-July period of FY25 reported a marginal increase of 0.9 per cent, reaching 90.51 million tonnes (MT) level compared to 89.68 MT in the previous year. While the non-coking coal ..

Amid call for reduced dependency, India's coal import rises 13% in April

India's coal import rose by 13.2 per cent to 26.10 million tonne (MT) in April 2024 as buyers took fresh positions amid early onset of summer. The country had imported 23.05 MT of coal in the year-ago period, according to data compiled by B2B e-commerce company mjunction services ltd. This comes amid coal and mines minister G Kishan Reddy stating that India should increase domestic production of the fossil fuel and reduce coal imports. "India's coal and coke imports in April 2024 through the major and non-major ports increased by 13.2 per cent over April 2023," the data showed. Of the total import in April, non-coking coal import stood at 17.40 MT against 15.15 MT in the year-ago month. Coking coal import was 4.97 MT against 4.77 MT. "There was an increase in volumes...Going ahead, there may be continued demand from both the power and non-regulated sectors due to pre-monsoon restocking," mjunction MD & CEO Vinaya Varma said. Coal imports in April were up by 8.93 per cent as ...

India's coal imports register 27% rise in December, reaches 23.35 MT

India's coal import registered a rise of 27.2 per cent to 23.35 Million Tonne (MT) in December, over the corresponding month of the previous fiscal. The coal ministry is aiming for zero thermal coal import by FY26. The country's coal import was 18.35 MT in the corresponding month of the previous fiscal, according to data compiled by mjunction services ltd. mjunction services ltd is a B2B e-commerce platform. "Coal imports in December 2023 stood around 23.35 million tonne...Imports in December 2023 were up by 27.25 per cent as compared to 18.35 MT recorded for December 2022," it said. Of the total imports in December, non-coking coal imports stood at 15.47 MT, against 10.61 MT imported in December 2022. Coking coal import volume was 4.84 MT, against 4.71 MT imported in the same month of the previous financial year. The coal import in the April-December period of the current fiscal increased to 192.43 MT, over 191.82 MT in the year-ago period. During the April-December period of t

India's coal imports up 11.7% to 21 MT in Nov, demand likely to be subdued

The country registered an 11.7 per cent rise in coal imports to 20.95 Million Tonnes (MT) in November as compared to the year-ago period. The country's coal imports in November 2022 was 18.75 MT, according to data compiled by B2B e-commerce company mjunction services. However, coal import in the April-November period of the current financial year dropped to 169.08 MT from 173.47 MT in the year-ago period. There was reduction in coal imports due to ample domestic supply and a slowdown in demand after the festive season in October, mjunction MD and CEO Vinaya Varma said. The demand for imported coal, he said, is likely to remain subdued in the coming months. Of the total import in November 2023, non-coking coal import was at 14.37 MT, against 11.88 MT in the same month the previous year. Coking coal import was at 4.23 MT, against 3.90 MT imported in November 2022. During the April-November period in 2023, non-coking coal import stood at 108.90 MT, lower than 116.28 MT imported dur

Delhi HC directs Centre, CBI to look into over invoicing of coal imports

The petitioners stated that the erring companies import coal and equipment directly to India but the invoicing is done by a firm abroad, and such firms are controlled by promoters in India

India extends coal import mandate to power plants to avoid blackouts

The decision comes amid surging electricity demand, partly a result of deficient rainfall that's forcing farmers to run irrigation pumps to water their fields, Agarwal said

Coal imports fall 1.82% to 68.30 MT in Apr-Jun quarter: mjunction

India's total coal imports fell 1.82 per cent to 68.30 million tonne in April-June period of ongoing financial year, according to a report. The import was at 69.57 MT in the same period a year ago, mjunction said in its latest report. The import included non-coking coal, coking coal, anthracite coal, pulverised coal injection (PCI) coal, met coke and pet coke, it said. During the period, non-coking coal import stood at 42.99 MT against 47.44 MT in the same period last year, while coking coal import was 15.89 MT against 14.61 MT imported a year ago. In June 2023, the import stood at around 21.03 MT, down 25.21 per cent as against 28.11 MT imported in the same month last year. India is among the top five coal-producing countries in the world. However, some parts of its coal requirement are met through imports as the country is also among the major consumers of the dry fuel. For coking coal -- a key raw material used in steel making -- the country remains heavily dependent on ...

LS passes Mines and Minerals Amendment Bill after Pralhad Joshi moves it

The Lok Sabha on Friday passed a bill which seeks to grant exploration licence to private sector players for critical minerals. The Mines and Minerals (Development and Regulation) Amendment Bill, 2023, also empowers the central government to exclusively auction mining lease and composite licence for certain critical minerals. Union Minister for Coal and Mines Pralhad Joshi moved the bill for consideration and passing in the Lok Sabha. The opposition members were protesting in the house over the Manipur issue. The amendments in the bill will be a game changer. We are going to produce 1 billion tonne of coal and make India self sufficient in the energy sector, Joshi said. "We have decided to stop coal import by 2025-26," he added. The bill was later passed by voice vote amid slogan shouting by opposition members.

Non-fossil fuel-based power generation capacity to be 68.4% by 2031-32

The plan was released today and consists of a review of the last five years (2017-2022) along with a detailed plan for the next five years (2022- 2027)

Coal imports rises to 162 MT in FY23; inbound coking coal grows to 54 MT

India's coal imports increased by 30 per cent to 162.46 million tonnes in the 2022-23 financial year against 124.99 MT in the year-ago period, according to a report. The import of coking coal rose 5.44 per cent to 54.46 MT over 51.65 MT in FY22, mjunction said in its latest report. In March alone, the non-coking coal import stood at 13.88 MT against 12.61 MT in the same month last year. Coking coal imports were 3.96 MT against 4.76 MT imported in March 2022. India is among the top five coal-producing countries in the world. However, some parts of its coal requirement are met through imports as the country is also among the major consumers of the dry fuel. For coking coal -- a key raw material used in steel making -- the country remains heavily dependent on imports. "The persistently high demand for steam coal in India coupled with the weakening of seaborne prices led to increased volumes during March. This trend is likely to continue in coming months in view of the above-normal ..

DVC raises capex by 36% to Rs 2,800 cr in FY24, plans to import coal

Damodar Valley Corporation has raised its capital expenditure target for the 2023-24 fiscal to Rs 2,800 crore, a 36 per cent increase over the previous year, to support expansion plans, a top official said on Thursday. The entity owned jointly by the Centre, West Bengal and Jharkhand governments, achieved the highest power generation in its 75 years of existence, with a nearly 6.5 per cent year-on-year rise to 43.32 billion units in 2022-23. Its sales stood at Rs 24,522 crore in the year, the official said. "Capex (capital expenditure) in the 2022-23 fiscal was 102 per cent of the target of Rs 2,055 crore. In the current financial year, the capex target is Rs 2,800 crore. The funds will be utilised in placing new expansion orders, mining and renewable energy," DVC chairman Ram Naresh Singh said. DVC has ambitious expansion plans, intending to add a total of 9,654 MW of capacity to its existing 6,700 MW from all sources, with a goal of increasing its generation capacity to ...

India to be coal exporter by 2025-26: Coal minister Pralhad Joshi

The ministry has also signed agreements for 29 coal mines auctioned under the sixth round of commercial coal mines auction

Coal imports fall by 25% in 3 yrs as India aims to up domestic production

Coal imports have seen a 25% fall in the last three years as India strives to increase domestic production and reduce dependence on imports

Western Railway chugs into 100-million tonnes freight club in FY23

First ever non-coal zone to achieve the feat

Zero coal import remains elusive as Centre leans on foreign supplies again

Move to make it a must for units running on imported coal to remain fully functional comes amid 50-80% spike in global coal price

Coal India's 7 projects to be developed by MDOs for import reduction

State-owned CIL on Wednesday said it has issued orders for seven coal projects to be developed by mine developer and operators (MDOs). The objective of engaging MDOs through open global tenders is to augment domestic coal production and reduce reliance on import to extent possible. "Coal India Limited (CIL) has issued letters of acceptance for seven coal projects to be pursued through engagement of Mine Developer and Operators," the maharatna firm said in a statement. Of these seven projects, three belong to CIL arm Central Coalfields Ltd (CCL) and two to Mahanadi Coalfields Ltd (MCL)--another subsidiary of CIL. South Eastern Coalfields Ltd and Eastern Coalfield Ltd account for a solitary project each. The coal behemoth is tracking a total of 15 new coal projects to mine coal through MDOs. CIL will invest Rs 20,600 crore on land acquisition, rehabilitation and resettlement issues, and in some cases on railway sidings as well. The role of MDOs would be to excavate, extract and del

India Nov thermal coal imports at 9-month low as local output soars

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Thermal coal imports grow at slowest pace in 5 months in Oct, shows data

The share of South African thermal coal imports rose to the highest levels in recent months as sponge iron makers switched back amid Russian blend concerns, Coalmint said in a report this week