Page 3 - Coal Imports

India considers further coal imports as concern over energy supply grows

Stockpiles of the fossil fuel at power plants have fallen about 11% since mid-August, meaning utilities have an average of 10 days supply, well below required levels of more than three weeks

Traffic surge at ports a sign of India's economic revival: Report

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 to import 76 MT coal to meet demand; power tariff to go up: Report

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

The emerging stress in imports: Surprisingly, it's coal more than oil

Surprisingly, its coal more than oil that is emerging as a huge pressure point

Indonesia's Bara Daya Energi outbids Adani in CIL tenders for coal imports

The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

Indonesian firm Bara Daya lowest bidder in Coal India's import tender

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

Coal India, the producer with no experience in importing supplies

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

UltraTech Cement paying for Russian coal in Chinese yuan: Report

UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal

Tata Steel buys coal from Russia weeks after vowing to cut ties: Report

Tata Steel bought 75,000 tonnes of Russian coal in May; company pledged to cut business ties with Russia in April; Tata Steel says coal import deal struck before April decision

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.

NTPC awards coal import tenders worth Rs 8,308 crore to Adani Enterprises

The firm placed 6 tenders & received technical bids from 4 players - Ahmedabad-based Adi Tradelink, Chennai-based Chettinad Logistics, and Delhi-based Mohit Minerals Ltd along with Adani Enterprises

Govt gives gencos time till Friday to begin process for coal imports

GENCOS who either don't place their indents with CIL by 3.6.2022 or haven't initiated their tender processes of coal imports, will be allocated only 70% of domestic coal, said govt

Coal India to issue two tenders for imported coal to address local shortage

Officials are rushing to make more coal available for utilities as shortages in July-September quarter are expected to be 15% wider than intitially estimated due to expectations of higher power demand

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

Centre invokes emergency law to operate idle coal import-based utilities

India is facing its worst power crisis in over six years, and officials have been scrambling to arrange supply for power plants whose pre-summer inventories are at over nine year lows

India sets end-June as coal import target as power crisis mounts

The move can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April

Assocham calls for zero import duty on coal to tackle power supply issues

Several states are reeling under power shortages with the situation being further affected by extra-ordinary heatwave setting in quite early this year

Top industrial states plan to import 10.5 mn tonnes of coal to beat crisis

The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near record highs

European, Asian coal users scramble for new sources ahead of EU Russia ban

European and Asian coal importers are expected to join the scramble for alternative sources of the fuel as a European Union ban on Russian coal imports looms, analysts and company officials said

Japan plans to gradually reduce coal imports from Russia

Russia accounted for 11% of Japan's total coal imports in 2021, according to the government data