Page 5 - Coal Imports
Global miner Peabody eyes sales opportunity in India's rising coal imports
The ministry of coal has not yet released data on the total imports by India for 2017-18
 "Global miner Peabody eyes sales opportunity in India's rising coal imports")
Coal imports to rise as India grapples with train shortage, surging demand
Train shortage in India left about 10 power stations without spare coal supplies, 45 other plants with stockpiles that are less than seven days of consumption
 "Coal imports to rise as India grapples with train shortage, surging demand")
Coal imports up 10% in September as power plants face fuel shortage
Coal India accounts for over 80% of the domestic coal production
Coal imports decline 24% in August on low demand ahead of auction
In 2015-16, coal imports stood at 203.95 mt, showed official data
 "Coal imports decline 24% in August on low demand ahead of auction")
Coal imports decline 6.4% to 192 MT in FY17 due to higher CIL production
India is the third-largest producer of coal after China and the US
 "Coal imports decline 6.4% to 192 MT in FY17 due to higher CIL production")
Due to weak demand from power sector Coal imports declines 6% in May
Govt is planning to cut coal imports for power PSUs to zero in the ongoing financial year
 "Due to weak demand from power sector Coal imports declines 6% in May")
Petcoke imports on a rise as coal substitute
The coal ministry has been striving to cut down on the country's coal imports and its related import bill. The coal consuming sectors, however, have shifted to imported petcoke usage, adding up to the country's import bill on the petroleum side.According to data available with the Petroleum Planning and Analysis Cell (PPAC), the country imported 39.8% more of petcoke in the last financial year. This has also made petcoke the largest contributor to the total petroleum products that the country imported in that period."Import of Petroleum, Oil and Lubricants (POL) products increased by 17.0% during March 2017 as compared to March 2016 mainly due to increase in import of LPG. Import of POL products increased by 21.7% during April 2016 - March 2017 as compared to the same period of the previous year (2015-16) with imports of Liquefied petroleum Gas (LPG) and petcoke accounting for 95.0% of total increase of 6.4MMT," according to PPAC.The rise in import of petcoke is largely attributed to .
 "Petcoke imports on a rise as coal substitute")
Coal import declines 6% to 16 mn tonnes in Sep
Demand for coal in India is not rising as per expectation, newly-appointed CEO of mjunction services Vinaya Varma said
 "Coal import declines 6% to 16 mn tonnes in Sep")
Coal imports in July dip 11% to 18 MT
On back of firmness in international coal prices since beginning of June and higher availability of domestic coal
 "Coal imports in July dip 11% to 18 MT")
