Coal imports in India rose by 9.5% to 18.33 million tonnes in September, after having registered year on year decline for five months in a row, as some power plants faced fuel shortages, PTI reported on October 8.
"Coal imports (all types) in September 2017 stood at 18.33 million tonnes (provisional), compared with 16.73 million tonnes in September 2016," according to latest data by mjunction services.
Mjunction services is an online procurement and sales platform floated jointly by state-run 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 expressed, the healthy growth in coal-fired generation of late has raised coal demand in the country, resulting in higher offtake from domestic sources as well as imports of the fossil fuel.
"The higher volume of coal and coke imports in September (9.6% year on year) is mainly due to a 1.1 million tonnes increase in non-coking coal imports during the month under review. There was also an increase in non-coking coal imports in September 2017 on a month on month basis," said mjunction.
Of the 18.3 million tonnes of coal imported in September, 12 million tonnes was non-coking coal, followed by coking coal and pet coke respectively at 4.1 million tonnes and 1.4 million tonnes among others.
In April, the first month of the ongoing fiscal, India's coal imports declined marginally to 19.08 million tonnes as against 19.63 million tonnes in the same month of 2016-17.Then they came down to 18.38 million tonnes in May as against 19.38 million tonnes a year ago.
In June the imports again dropped to 18.22 million tonnes, against 21.50 million tonnes a year ago. In July, imports were at 14.64 million tonnes, down from 19.15 million tonnes.
In August, the import of coal were down to 18.80 million tonnes as against 19.75 million tonnes same month of 2016-17.
Import of coal saw a decline of 6.37% to 191.95 million tonnes in 2016-17 on higher production by Coal India Ltd (CIL) that saw the country move to a regime of surplus coal.
CIL accounts for more than 80% of the domestic coal production.
(Writing by Becky Du Editing by Harry Huo)
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