COAL IMPORT

NITI Aayog recommends adding coking coal to the critical minerals list. This move aims to boost domestic production and secure coking coal supply for the Indian steel industry. The proposal includes setting up two special purpose vehicles to expedit...

India's coal imports saw a slight year-on-year increase of 1.4%, reaching 129.5 million tonnes in the first half of the fiscal year. However, the value of these imports decreased, resulting in savings of ?13,629 crore due to cost-effective procureme...

India's non-regulated sectors, including power plants, significantly reduced coal imports by 9.83% during April-September 2024, signaling a shift towards domestic coal reliance. However, imports of coking coal for steel production and coal for speci...

India imported more coal in the first half of this financial year. The import figure reached 140.60 million tonnes. This is a 7.8 percent increase compared to the same period last year. However, September saw a dip in imports. Domestic coal producti...

Tata Steel's CEO has warned that an influx of cheap Chinese steel imports is threatening the Indian steel industry. The surge in imports, deemed "unfairly priced," could stifle investment in the domestic market. While Indian demand for steel is boom...

Union Minister G Kishan Reddy urged state-owned Coal India Ltd (CIL) to prioritize increasing coal production and supply to curb imports. He praised CIL's efforts to improve miner welfare and support communities near closed mines. Reddy highlighted ...

Coal India targets eliminating Rs 2,200 crore in losses at its subsidiary Eastern Coalfields by FY 2025-26 and plans to rejoin the dividend list. Chairman P M Prasad noted production challenges due to monsoon impacts, while emphasizing future growth...

Coal Minister G Kishan Reddy urged Coal India Ltd to boost its production to avoid costly imports. As CIL marks its 50th year, the minister highlighted the need to ramp up coal production. CIL, which started in 1975, has grown significantly, and is ...

India aims to reduce its energy import dependency by establishing a coal exchange, enhancing market-oriented coal mining, and improving pricing transparency. The initiative is aligned with economic growth and energy security, despite global pressure...

India is set to establish a coal exchange to stabilize fuel prices and enhance its availability, according to the country's Coal Minister G. Kishan Reddy. Speaking at an industry event on Monday, the minister stated, "Last week we took a briefing on...

As per the data compiled by mjunction services ltd, India's coal import in 2023-24 was 268.24 MT, which includes 57.22 MT coking coal and 175.96 MT non-coking coal.

India is exploring the import of Mongolian coking coal via Russia to reduce reliance on China, following disruptions in Australian supplies. The Mongolian coal is $50 cheaper per metric ton and offers superior quality. Indian consumption of coking c...

India's government received 44 bids for 67 coal blocks in its 10th round of commercial mines auction. The coal ministry highlighted strong participation from small and medium-sized players, showing interest across the industry. This auction aligns w...

India's coal imports surged by 11.4% to 121.1 million tonnes from April to August 2024, driven by increased non-coking coal imports despite a slight rise of 5.4% in August. Domestic coal availability and declining demand may suppress future imports ...

An Indian delegation, including senior government officials, will visit Mongolia next month to discuss importing coking coal. This move aims to diversify raw material sources and optimize steel production costs. Currently, India relies heavily on Au...

Coal imports in India increased marginally by 0.9% during April-July, reaching 90.51 million tonnes. Non-coking coal imports rose by 2%, while coking coal imports fell by 2.6%. The power sector saw a significant rise in coal imports due to imported ...

India's thermal coal imports increased by 2% in April-July to enhance power generation, according to the federal coal ministry. Overall coal imports rose by 0.9% to 90.51 million metric tons. Thermal power generation grew by 11.1%, while consumption...

India's coal imports rose marginally by 0.9% to 90.51 million tonnes in April-July FY25, driven by a need for coking and high-grade thermal coal not available domestically. Despite a rise in coal production, the country continues to rely on imports ...

Odisha Coal and Power Ltd (OCPL) plans to auction 3 million tons of surplus coal at a 15% discount on Oct. 4 due to lower demand. This comes as India's domestic coal production increased by 7.12% from last year, reaching 370 million metric tons betw...