Coal imports for blending halves this year

Coal imports for blending halves this year

Coal imports by power utilities for blending with domestic coal has halved during April 2016 and January 2017 against the previous corresponding period on account of more coal being made available by Coal India.

According to data compiled by the coal ministry, between April 2016 and January 2017, power utilities imported 16.6 million tonnes of coal against 31.6 million tonnes during the previous corresponding period in 2015-16.

The quantity of coal imported by the power utilities in 2015-16 decreased to 37.1 million tonnes from 48.5 million tonnes in 2014-15.

In fact, total coal imports have been consistently reducing over the last three years. Between April and December of 2016-17, 144.87 million tonnes of coal was imported against 146.12 million tonnes during the same period in 2015-16. Total coal imports in 2015-16 was 199.9 million tonnes as compared to 217.8 million tonnes in 2014-15.

In fact, total coal imports have been consistently reducing over the last three years. Between April and December of 2016-17, 144.87 million tonnes of coal was imported against 146.12 million tonnes during the same period in 2015-16. Total coal imports in 2015-16 was 199.9 million tonnes as compared to 217.8 million tonnes in 2014-15. Read More…

Credit By : Economictimes.indiatimes.com

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