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Indian power generators imported 3.87 million tonnes of thermal coal in January, slumping 30.9% from the previous year and 5.15% from December 2020, falling for the third month in a row, showed the latest data from the Central Electricity Authority (CEA) on February 23.
The decline in thermal imports were mainly owing to elevated coal stocks at domestic power utilities as well as the government's call to cut imports to bolster domestic industry.
About 3.02 million tonnes of imported coal were directly used for power generation and 849,900 tonnes were blended with domestic coal.
Among imports used for blending with domestic coal, 79,000 tonnes were bought by one state-owned power utility and 770,900 tonnes combined by four private power producers. Among imports directly burned for power generation, 112,500 tonnes were imported by one state-owned power utilities and 2.91 million tonnes by 10 private generators.
In January, 26 power generators did not import any coal.
Adani Group's Mundra ultra-large power plant was the biggest thermal coal importer in the month, with imports totaling 1.17 million tonnes. Tata Power's Mundra power plant ranked second with 901,100 tonnes of thermal coal imports, data showed.
In the first ten months of fiscal year 2020-21 (April 2020-January 2021), Indian power companies imported a total of 39.01 million tonnes of thermal coal, sliding 32.84% from the corresponding period last year.
(Writing by Rebecca Liu Editing by Alex Guo)
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