India’s coal imports jump 10 per cent as power plants face fuel shortage


India’s coal imports jump 10 per cent as power plants face fuel shortage

Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, as some power plants faced fuel shortages.

“Coal imports (all types) in September 2017 stood at 18.33 MT (provisional), against 16.73 MT in September 2016,” according to latest data by m-junction services. mjunction services is an online procurement and sales platform floated jointly by state-run SAIL and steel behemoth Tata Steel.

There was a revival of coal demand post monsoon rains, mjunction CEO Vinaya Varma said, adding that at present the buyers are looking for restocking for the approaching winter months.

Besides, he said, the healthy growth in coal-fired generation of late has raised coal demand in the country, resulting in higher off-take from domestic sources as well as imports of the material. Read more

Leave a Reply

Your email address will not be published.