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India's coal import rises 30% to 22 million tonnes in April

India s coal import rises 30% to 22 million tonnes in April
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India s coal import rises 30% to 22 million tonnes in April
PTI / Jun 27, 2021, 11:45 IST
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NEW DELHI: India s coal import rose 30.3 per cent to 22.27 million tonnes in April amid supply concerns and demand for pre-monsoon restocking of dry fuel.
The country had imported 17.09 million tonnes of coal in April last year, according to a provisional compilation by mjunction services, based on monitoring of vessels positions and data received from shipping companies.
India s coal and coke imports in April 2021 through the major and non-major ports are estimated to have increased by 30.3 per cent over April 2020. Imports in April 2021 stood at around 22.27 million tonnes (MT) as against 17.09 MT imported in April 2020, it said. ....

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15 new projects identified with 160 mtpa capacity to boost coal output: Minister

15 new projects identified with 160 mtpa capacity to boost coal output: Minister
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NEW DELHI :
The government on Wednesday informed the Parliament that Coal India has identified 15 new projects with a capacity to produce 160 million tonnes per annum to increase domestic coal production and reduce dependence on imports.
Coal and mines minister Pralhad Joshi told Lok Sabha that the focus of the government is on increasing domestic production of coal and to achieve these targets through the allocation of more coal blocks, pursuing with the state government for assistance in land acquisition and co-ordinated efforts with railways for movement of coal. 15 greenfield projects identified with a capacity of about 160 MTPA (Million Tonnes per Annum) to be operated by mine developer cum operator mode ....

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Consumers opt for 71 MT indigenous coal in April-February on steps for import substitution: CIL

Consumers opt for 71 MT indigenous coal in April-February on steps for import substitution: CIL
The measure undertaken by Coal India include allowing its coal companies to sign pacts under import substitution with 17 power plants linked with them.
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NEW DELHI: Coal India Ltd (CIL) on Tuesday said its drive for coal import substitution has gained tempo with consumers opting for about 71 million tonnes (MT) of indigenous coal during the April-February period of the current fiscal.
CIL accounts for about 83 per cent of India s domestic dry-fuel production and aims to achieve 1 billion tonne coal production by 2023-24. ....

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India's coal import declines 12% to 181 mn tonnes in April-January

India s coal import registered a drop of 11.59 per cent to 180.84 million tonnes (MT) in the first 10 months of the ongoing fiscal.
The company had imported 204.55 MT of coal in April-January period of the previous fiscal year, according to provisional data compiled by mjunction services.
mjunction a joint venture of Tata Steel and SAIL is a B2B e-commerce company and also publishes research reports on coal and steel verticals.
However, India s coal imports in January increased to 20.05 MT as against 18.67 MT in year-ago period, it said.
Commenting on the coal import trend, mjunction MD and CEO Vinaya Varma said, There was a drop in January volumes as compared to the previous month (December). This was mainly due to the firmness in seaborne prices. While there is steady demand in the market, the import trend will largely depend on the movements in international prices, freight rates and also domestic supply. ....

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China Coal Imports Market Report 2021: If the COVID-19 Epidemic Continues into 2021, Imports will Continue to Decline in 2021 and will Not Resume Growth Until 2022

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China is the largest coal producer and consumer. The huge coal consumption in China encourages foreign coal producers to expand their production capacity. In addition, overseas coal mines are mostly opencast ones, which makes it easy to increase production. However, coal production in China is restricted by environmental protection policies and other factors.
In recent years, some small and medium-sized coal mines had to cut or even stop production because their environmental protection facilities failed to meet standards. Meanwhile, the rising mining costs have made the coal prices in China higher than the international coal prices. For example, in 2019, the average price of imported coal was only US$78 per ton, about 10% lower than that of domestic coal. ....

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