India's coal output down 10% in first 5 mths of FY21 Production & Sales 2020-09-18 11:04:58

India's coal production fell 9.9% from a year ago to 234.14 million tonnes during April-August, the first five months in the fiscal year of 2020-21, showed the preliminary data from the Ministry of Coal.

The decline narrowed from 12.7% year-on-year fall logged in the first four months, data showed.

State-run Coal India Limited (CIL) churned out 195.54 million tonnes of coal, dipping 7% year on year and accounting for 83.8% of the country's total.

The second largest state-owned coal miner Singareni Collieries Company Limited (SCCL) produced 14.79 million tonnes, a sharp decline of 47.3% year on year.

Captive mines' production decreased 3.8% to 21.11 million tonnes, while output from other mines dropped 8.2% to 2.71 million tonnes during the same period.

During April-August, India sold 247.50 million tonnes of coal, falling 14.8% from the same period last year.

Sales by CIL dropped 13.4% year on year to 208.37 million tonnes, and that by SCCL tumbled 45.8% to 14.18 million tonnes, data showed.

Captive mines sold 22.25 million tonnes, 6.3% higher year on year, while other mines sold 2.70 million tonnes, down 8.6%.

To combat tepid coal demand caused by the COVID-19 pandemic, the country's top coal miner revised down its production guidance from 710 million tonnes to 660 million tonnes for the current fiscal year. The new target was on par with the level in the last fiscal year.

India's domestic coal consumption by downstream users like power utilities and cement producers also fell due to the same reason, leading to a slump of coal imports last month.

The country's coal imports fell 34.9% year on year to 12.46 million tonnes in August, and the accumulative imports in the first five months of the fiscal year were also down 32.51% to 73.08 million tonnes, showed from the preliminary data from India's mjunction.

(Writing by Emma Yang  Editing by Harry Huo)
For any questions, please contact us by or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 China's thermal coal prices up slightly on growing demand 2020-10-28

Chinese spot thermal coal market closed the trading day with a marginal rise on October 28, as buying interest increased at northern ports, sources said. Offer prices of 5,500 Kcal/kg NAR

2 Australian thermal coal exports to China slump in Oct, Kpler data 2020-10-28

Australian thermal coal exports to China may tumble to a record low this month, data from Kpler indicated, a proof of tightening restriction on Australian fuel. As of October 28 this mont

3 Japan's carbon neutral target to hit Australia's coal and natural gas exports 2020-10-28

Japan's target of carbon neutral or net zero greenhouse gas emissions will pose a big challenge for Australian coal and natural gas producers in the long run. The target was proposed by J

4 Mongolia hard to fully replace Australia in coking coal exp to China, but growth may continue 2020-10-28

Mongolia overtook Australia as China's top coking coal supplier in September, with shipments to China further expanding compared with the latter, but completely replacing Australian coking coal with M

5 CHN Energy becomes largest Chinese power investor in Indonesia 2020-10-28

China National Energy Investment Group (CHN Energy), the leading coal and power producer in the country, has invested more than $3 billion in Indonesia's electricity industry, making it the largest Ch

6 Shaanxi Coal & Chemical Industry's 3Qs profit up 4.6% YoY to 12 bln yuan 2020-10-28

Shaanxi Coal and Chemical Industry Group Co., Ltd. reaped 12 billion yuan ($1.8 billion) of profit in the first three quarters this year, up 4.6% from the year-ago level, according to official source.

7 Yunnan Coal & Energy's 3Qs net profit plummets 94.2% YoY 2020-10-28

Yunnan Coal & Energy Co., Ltd. realized 12.23 million yuan ($1.83 million) of net profit in the first three quarters of 2020, plunging 94.2% from the same period of last year, the company disclose

8 China's "Top Three" producers should not carry the can for coal supply reduction 2020-10-28

The clamour has arisen around coal supply tightness in China since Inner Mongolia started investigation of corruption and other violations of laws in the coal sector within two decades. All kinds of m

9 Shanxi Coking Group's 3Qs net profit grows 3.2% YoY 2020-10-28

Shanxi Coking Group earned 930 million yuan ($138.7 million) of net profit in the first three quarters this year, up 3.2% year on year, said the company in its quarterly report on October 27.

10 Shanxi premium coking coal prices keep rising amid absence of Australian coal 2020-10-27

Prices of premium hard coking coal kept moving up in Shanxi province, fueled by robust demand after imports of Australian coal became unavailable, sources said on October 27. Some large c

Most Read Articles

1 Mongolia's coal output surges 71.5% on mth in Sep 2020-10-22

Mongolia's coal output (including hard coal and lignite) surged 71.5% from the preceding month to 4.89 million tonnes in September, official data showed. The production was also 2.6% high

2 Indonesian coal prices may top out as Chinese buying tapers 2020-10-22

Indonesian spot thermal coal prices have kept stable at a high level for days, sparking concerns of downward risk in the near term as Chinese buyers were cautious of taking positions at a time domesti

3 Inner Mongolia's coal output on the increase, govt official 2020-10-22

Inner Mongolia, a key energy hub in North China, saw its coal production on the increase since October with various measures to release coal capacity and ensure supplies, said a government official.

4 Thermal coal trade slows at N China ports on wait-and-see mood 2020-10-22

Thermal coal trades stayed low at northern China's transfer ports, given lingering wait-and-see sentiment among participants in anticipation of deeper price drops. End buyers are waiting

5 Ganqimaodu Sep coal imports up 5.42% on month 2020-10-23

Coal imports through China's Ganqimaodu border crossing, the major gateway for Mongolia coking coal to China, increased 5.42% from a month ago to 2.48 million tonnes in September, realizing a positive

6 Chinese demand for seaborne thermal coal pulls back amid bearish outlook 2020-10-23

Chinese buyers in the seaborne import thermal coal market retreated to the sidelines late the week, as they expected the market to come down in late October or early November paralleling with the down

7 Anglo American lowers its thermal coal output goal 2020-10-23

Anglo American PLC cut its full-year guidance for thermal coal production from 21 million tonnes to 19 million tonnes, due to strikes at Cerrejon mine in Colombia, the company said its quarterly produ

8 Mongolia replaces Australia as China's largest met coal supplier 2020-10-22

Mongolia is rising as a strong competitor to Australia in export of metallurgical coal to China in recent months, after China imposed strict restrictions on Australian coal amid souring relation betwe

9 Shandong phases out 60.2 Mtpa coal capacity in 5 yrs 2020-10-22

Shandong province in eastern China has phased out a total 60.2 million tonnes per annum (Mtpa) of coal production capacity since the beginning of the 13th "Five-Year Plan" period (2016-2020), said the

10 Inner Mongolia to maintain its coal capacity at 1.3 Btpa in next 5 yrs 2020-10-23

China's second largest coal base Inner Mongolia plans to stabilize its coal capacity at 1.3 billion tonnes per annum in the 14th Five-year Plan period (2021-25), according to a document issued by the