Coal Import
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Coking Coal Imports From Russia Jump 3-fold In Last 3 Years: Report
Imports of metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm.
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How US Bridge Collapse May Impact Indian Importers, Hit Supply Chain
The collapse of the Francis Scott Key bridge in Baltimore in the US has reverberated across the Indian coal and petcoke markets, sparking concerns about potential supply chain disruptions and price impacts.
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"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
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Emergency Law Invoked To Force Coal-Based Power Plants To Maximise Output
The central government on Monday invoked an emergency law to force power plants that run on imported coal to maximise output ahead of an expected record surge in power usage this summer, according to an internal power ministry notice seen by Reuters.
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Regulator Approves New Market Segment For Expensive Power
The approval, given to the country's largest spot power market, the Indian Energy Exchange, is for fuel generated from costlier sources like imported coal and gas.
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Centre Aiming To Produce More Than 1 Billion Tonnes Of Coal In 2023-24
This annual coal output target by the government is part of the plan to reduce the import of thermal or non-coking coal, used in power generation, in the coming few years.
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Panel Says, Coal India Can Pursue Overseas Acquisition Of Coal Mines
The committee opined that this will not only reduce import of fossil-fuel but also open new avenues of mining abroad.
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Thermal Coal Imports In November At 10 Month-Low As Local Output Rises
Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India's coal output.
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Coal Import To Be Stopped By 2024: Coal Minister Pralhad Joshi
Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024.
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India Narrows Thermal Coal Imports Gap With Top Buyer China
India is fast catching up with China in its thermal coal imports, as the world's two biggest overseas buyers of the power generation fuel adjust purchases to align them with the varying trajectories of their economic growth.
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China's Russian Coal Imports Hit 5-year High In July Even As West Shuns Moscow
China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine.
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Companies Swapping Dollar For Asian Currencies To Buy Russian Coal
The companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of breaching Western sanctions against Moscow.
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Russia Becomes India's Third-Largest Coal Supplier In July: Report
Russia became India's third-largest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Indian consultancy Coalmint showed.
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July Preliminary Trade Deficit Widens To $31 Billion
The July trade deficit widened to $31.02 billion, pushed by a rise in crude oil and coal imports, from $10.63 billion a year earlier, a government official said on Tuesday.
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Adani Emerges As Lowest Bidder In Coal India's Maiden Coal Import Tender
Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is likely to "negotiate the price", an official said on Monday.
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Coking Coal Imports From Russia Jump 3-fold In Last 3 Years: Report
Imports of metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm.
-
How US Bridge Collapse May Impact Indian Importers, Hit Supply Chain
The collapse of the Francis Scott Key bridge in Baltimore in the US has reverberated across the Indian coal and petcoke markets, sparking concerns about potential supply chain disruptions and price impacts.
-
"Malicious Campaign To Tarnish Image": Adani Group Slams Financial Times
The Adani Group today slammed the UK-based newspaper Financial Times' "malicious campaign to drag down its market value and tarnish its reputation".
-
Emergency Law Invoked To Force Coal-Based Power Plants To Maximise Output
The central government on Monday invoked an emergency law to force power plants that run on imported coal to maximise output ahead of an expected record surge in power usage this summer, according to an internal power ministry notice seen by Reuters.
-
Regulator Approves New Market Segment For Expensive Power
The approval, given to the country's largest spot power market, the Indian Energy Exchange, is for fuel generated from costlier sources like imported coal and gas.
-
Centre Aiming To Produce More Than 1 Billion Tonnes Of Coal In 2023-24
This annual coal output target by the government is part of the plan to reduce the import of thermal or non-coking coal, used in power generation, in the coming few years.
-
Panel Says, Coal India Can Pursue Overseas Acquisition Of Coal Mines
The committee opined that this will not only reduce import of fossil-fuel but also open new avenues of mining abroad.
-
Thermal Coal Imports In November At 10 Month-Low As Local Output Rises
Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India's coal output.
-
Coal Import To Be Stopped By 2024: Coal Minister Pralhad Joshi
Coal minister Pralhad Joshi on Thursday said that the import of dry fuel which has declined considerably will be stopped by 2024.
-
India Narrows Thermal Coal Imports Gap With Top Buyer China
India is fast catching up with China in its thermal coal imports, as the world's two biggest overseas buyers of the power generation fuel adjust purchases to align them with the varying trajectories of their economic growth.
-
China's Russian Coal Imports Hit 5-year High In July Even As West Shuns Moscow
China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine.
-
Companies Swapping Dollar For Asian Currencies To Buy Russian Coal
The companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of breaching Western sanctions against Moscow.
-
Russia Becomes India's Third-Largest Coal Supplier In July: Report
Russia became India's third-largest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Indian consultancy Coalmint showed.
-
July Preliminary Trade Deficit Widens To $31 Billion
The July trade deficit widened to $31.02 billion, pushed by a rise in crude oil and coal imports, from $10.63 billion a year earlier, a government official said on Tuesday.
-
Adani Emerges As Lowest Bidder In Coal India's Maiden Coal Import Tender
Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, even though the miner is likely to "negotiate the price", an official said on Monday.
