Indian power cos Aug coal imports fall after rising for 6 mths International,  Thermal Coal 2022-09-26 14:23:10

India's power generators saw their thermal coal imports fall in August after a consecutive rise for six months, dented by factors including abated heatwave, slowed economic growth as well as tightened global vessel transport capacity.

Indian's power producers imported 5.69 million tonnes of thermal coal in August, falling 21.24% from July but still 195.81% higher than the year-ago level, data from the Central Electricity Authority (CEA) showed.

Driven by scorching weather in recent months, thermal coal imports by Indian power companies had increased month by month since February.

At the same time, Indian power companies increased the proportion of imported coal to mix with domestic coal for power generation to save cost due to high prices of imported coal. The data showed coal imports for the blend purpose in August accounted for more than 80% for the month, while the proportion was only 22.6% in the same period last year.

Affected by the monsoon season, India's power demand slowed down in August, driving coal import demand back down. With the rainy season coming to an end, the temperature is rising again and there is still a possibility of increasing imports in the short term.

Among all imported all by power companies last month, 1.06 million tonnes were directly burned, down 28.81% year on year and 42.93% month on month; 4.63 million tonnes were blended with domestic coal, down 13.73% month on month but much higher than the same period last year, 434,600 tonnes.

In the same month, among power companies blending imported coal with the domestic, 13 state-owned power enterprises imported 3.81 million tonnes and 17 private enterprises imported 816,700 tonnes; among those directing burning imported coal for power generation, one state-owned enterprise imported 70,700 tonnes and nine private power enterprises imported 988,300 tonnes.

In August, state-owned NTPC imported the most thermal coal, 1.99 million tonnes, followed by India's state-owned MSPGCL, with imports of 447,500 tonnes.

In the first five months of this fiscal (April-August), Indian power companies imported 29.27 million tonnes of thermal coal, a 92.05% jump from 15.24 million tonnes in the same period last year.

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

Share this article
Connect with us

Editor's Pick

1 Indonesian thermal coal inches higher on demand from China 2022-12-08

Prices for low-calorific value (CV) Indonesian coal edged up on news that a Chinese state utility awarded a tender at higher prices. The utility awarded three 3,800 Kcal/kg NAR cargoes fo

2 China's thermal coal price rises pause on concerns over buying 2022-12-08

China's portside thermal coal prices took a respite on December 8, pausing the continued price rally since the beginning of last week, owing to concerns over the demand strength this winter.

3 China's coking coal market buoyed by growing purchases from coking plants 2022-12-08

China's coking coal market was buoyed by a strengthened buying appetite from coke firms alongside the eased road transportation curbs as well as ongoing winter restocking demand. With maj

4 Gladstone's Nov coal exports rise for the 2nd mth 2022-12-08

Coal exported through Gladstone rebounded in November rose for the second consecutive month, according to data from Australian Gladstone Ports Corporation. Gladstone exported 5.31 million

5 India to scale up natural gas imports for possible summer power crunch 2022-12-08

India has asked GAIL, the country's largest gas distributor, to increase natural gas imports in anticipation of higher power demand next summer, Reuters reported, citing three government sources.

6 China's thermal coal pithead prices stay buoyed; worries grow 2022-12-08

China's thermal coal prices at northern production regions remained buoyed on December 8 as more long-haul coal trucks piled in for coal loading amid the loosened COVID measures. Among th

7 China's coal imports less likely to exceed 300 Mt in 2022 2022-12-08

China is nearly impossible to import as much coal in 2022 as in the preceding year, with the January-November intakes falling 10.1% compared with the same period in 2021. This year's intakes are also

8 China Coal Daily Track (Dec 8) 2022-12-08

Thermal coal Production area Thermal coal prices extended mild rises at main mining hubs, as neighboring rail stations and washing plants ramped up purchase amid upbeat portside prices and relax

9 China futures market updates at close (Dec 8) 2022-12-08

Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.

10 China's Jiangsu to see electricity demand surge this winter 2022-12-08

Jiangsu province, one of the top three imported coal destinations in China, is expected to see a quick rise in electricity demand to over 100 GW in the 2022-23 winter, alongside its economic recovery,

Most Read Articles

1 Indonesia to release DMO coal prices to the market from next year 2022-12-05

Indonesia's Ministry of Energy and Mineral Resources (ESDM) will allow thermal coal prices under Domestic Market Obligation (DMO) to fluctuate based on the market mechanism from early 2023, following

2 Indonesia plans to start collecting coal levy in Q1 2023, minister 2022-12-02

Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, in order to ensure supply security for domestic power utilities and industries, energy m

3 Indonesia thermal coal offers rise amid revival in Chinese buying interest 2022-12-02

Indonesian thermal coal prices, that were observing a declining trend since the past two months, have seen some positive movement this week. While market participants expect a rise in tom

4 China's met coke sentiment improves amid eased COVID stance; outlook divided 2022-12-06

Sentiment in China's metallurgical coke market moderately improved these days, expecting mills to release more demand alongside the easing COVID-19 controls in major cities. Major cities

5 China's thermal coal market stabilizes as sentiment wanes 2022-12-02

China's thermal coal market stabilized on December 2 as bullish sentiment waned in anticipation of temperature recovery in the south, the major destination for thermal coal from northern ports.

6 Glencore cuts 2023 coal production guidance below expectation 2022-12-07

Mining and commodity giant Glencore revised down its production guidance for coal in 2022 to 106-114 million tonnes from the previous 116-126 million tonnes, according to an investor update published

7 Chinese mine-mouth coal prices stabilizing; more hikes emerge 2022-12-02

Chinese thermal coal prices showed more signs of stabilizing from previous drops on December 2, with some offers rebounding by 20-50 yuan/t, since demand from chemical and residential customers increa

8 Infographic | China's imports of main commodities in Nov 2022 2022-12-07

China's imports of coal, natural gas, iron ore, steel products, etc.

9 Indonesian thermal coal prices inch higher as China prolongs winter restocking 2022-12-06

Traders reported positive activity in Indonesian thermal coal market on December 6 as the Chinese buying interest extended in anticipation of higher consumption as the government loosened anti-epidemi

10 India eyes 1.5 Bt coal production by 2030, coal minister 2022-12-02

India targets to produced 1.5 billion tonnes of coal by 2030 to meet growing demand, Union Parliamentary Affairs, Coal and Mines Minister Prahlad Joshi said at an investor conclave in Mumbai on Decemb