Coastal Shipping Of Coal To Double To 63MT In 6 Years: CRISIL


Coastal Shipping Of Coal To Double To 63MT In 6 Years: CRISIL

Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today.

“Crisil Research estimates coastal transportation of coal to increase to 63 million tonne per annum (MTPA) by fiscal 2023, from 32 MTPA as of fiscal 2017 as structural bottlenecks ease,” it said in a statement.

The bulk of the coastal movement of coal in India happens along the eastern coast, from the mines of Mahanadi Coalfields Limited (MCL), via the Paradip and Dhamra ports in Odisha, to power plants in Andhra Pradesh and Tamil Nadu.

“However, congested berths, particularly at Paradip, are holding back rise in potential volumes. The mechanised coal handling plant berths at Paradip, through which most of coastal coal is loaded, have occupancy well above the benchmark norms of 70 per cent,” Crisil said. Read More…

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