Page 4 - India Coal Import

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

Gencos imported 9.2 mn tonne of coal in April-June period: Power Ministry

Power generating firms (gencos) have imported 92.07 lakh tonne of coal in April-June this financial year for blending purposes ahead of Monsoon season, Parliament was informed on Thursday. "Ministry of Power (in April) advised Central Gencos, State Gencos and Independent Power Producers (IPPs) to import coal for blending purpose during 2022-23," Union Power Minister RK Singh said in a written reply to the Lok Sabha. He also informed the House that to ensure minimum coal stocks in power plants before the onset of monsoon, the power ministry advised all Gencos to complete placement of awards for import of coal before May 31, 2022. In May, the ministry had stated that domestic coal would be allocated proportionately to all Gencos based on the likely availability of domestic coal from Coal India Ltd (CIL) /Singhareni Collieries Company Ltd (SCCL) from June 1, 2022, and the shortfall is to be met from blending of the imported coal. The reply showed that 92,07,000 tonnes of coal were ...

Adani Enterprises loses Coal India's short-term coal import tender

State-owned CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder, sources said on Monday. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of coal, was earlier selected for the short-term shipment. However, for a medium-term tender for sourcing additional 6 million tonnes (MT) of coal from overseas, PT Bara Daya Energy had qouted Rs 2,000 per tonne less than the rate quoted by the Adani group firm. So, Coal India, in its board meeting held on July 8, decided to cancel the short-term tender of 2.416 million tonnes and PT Bara Daya Energy was asked to supply the indented quantity against the medium-term tender, the sources said. A query sent to Adani Enterprises seeking comment on the move remained unanswered. According to the sources, the letter for award of contract was issued to the lowest bidder of medium term-tenders for east and west coast supply on July ...

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 is the new pain point as India grapples with a massive import bill

Quite low in the pecking order of inbound consignments at one point, the fossil fuel today accounts for a third of the value of crude entering the country

Adani Enterprises lowest bidder in Coal India's import tender: Report

A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting

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

Polluting, expensive: No end in sight to price India pays for imported coal

With domestic production targets slipping, India needs to buy record quantities of the world's most polluting fuel at a time when prices are rising

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

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.

India to ramp up coal output to reduce dependence on imports: Moody's

The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock

Decline in coal imports in FY22 due to less buying by power sector: Govt

The government on Thursday said the drop in coal imports in FY'22 was mainly on account of the power sector's inbound shipments declining.

India asks power producers to seek weekly payments to manage coal imports

NEW DELHI (Reuters) - India has asked power producers to bill electricity buyers every week to ensure adequate cash flow as costs surge due to higher imports of expensive coal, according to a federal power ministry letter seen by Reuters.

India's power generation doubles in May on imported coal blending: Data

Power generation by domestic coal-based plants that blended imported dry fuel has more than doubled to 143 million units (MU) per day in May compared to 66 MU in the same month a year ago

Govt pushes states, gencos to import coal before monsoon to offset shortage

The power ministry has directed all gencos to ensure adequate stocks at their power plants for smooth operation until October 2022

Centre pressuring states to purchase imported coal, alleges CM Gehlot

Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that the Centre is pressuring states to purchase imported coal, which costs three times more the one produced in the country. He also urged the Centre to remove the requirement of purchasing imported coal, which he said has been increased to 10 per cent of the total purchase. According to a release, Gehlot said the price of imported coal is three times higher than that of provided by Coal India. The chief minister said Rajasthan may have to bear a burden of Rs 1,736 crore if it purchases the imported coal. "The Union ministry of power had issued an advisory in December 2021 to the Rajasthan Vidyut Utpadan Nigam for 4 per cent imported coal blending and in April, it has been made mandatory to buy 10 per cent," a release quoting Gehlot said. "The price of this imported coal is more than three times the price of coal being given by Coal India Limited. Its cost is expected to be about Rs 1,736 crore, which is much higher than th

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

India sets 19 mn tonnes end-June coal import targets as power woes mount

The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.

Higher domestic coal output helps reduce imports, says govt

Imported coal-based power generation which was 78.07 BU during April to January 2020 has reduced by 55 per cent to 35.13 BU during corresponding months of current FY'22