Coal imports in India saw a surge of 6.7 per cent to 171.81 million tonne (MT) in the April-December period of the ongoing financial year, according to a report.
This comes at a time when the government is mulling relaxing the timeline for achieving the 1 billion tonne coal production target for Coal India.
Coal imports stood at 161 MT in the April-December period of 2017-18, as per the report by mjunction services.
mjunction — a joint venture between Tata Steel and SAIL — is a B2B e-commerce company that also publishes research reports on coal and steel verticals.
Import of coal in December however declined 8.09 per cent to 17.25 MT from 18.77 MT in the year-ago month. Commenting on this trend, mjunction Managing Director and CEO Vinaya Varma said Read More
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