Coal imports up 10% in September as power plants face fuel shortage

Coal imports up 10% in September as power plants face fuel shortage
10/10/2017 , by , in ALLIED

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 Tata Steel.

Of the 18.3 MT of coal imported in September, 12 MT was non-coking coal, followed by coking coal at 4.1 MT and 1.4 MT pet coke among others. In April, the first month of the ongoing fiscal, India’s coal imports declined marginally to 19.08 MT as against 19.63 MT in the same month of 2016-17. In May, they came down to 18.38 MT as against 19.38 MT a year ago.

In June the imports again dropped to 18.22 MT, against 21.50 MT a year-ago. In July, they were at 14.64 MT, down from 19.15 MT. In August, the import of coal were down to 18.80 MT as against 19.75 MT same month of 2016-17. Import of coal saw a decline of 6.37 per cent to 191.95 MT in 2016-17 on higher production by Coal India Ltd that saw the country move to a regime of surplus coal.

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