Articles for Coal Imports

India’s coal imports rise to 90.5 MT amid surge in power demand
2 months, 4 weeks ago

India’s coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

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India's coal imports rise to 90.5 MT amid surge in power demand
2 months, 4 weeks ago

India's coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

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21 Global Groups Write to CJI to Resolve Adani Case
6 months, 4 weeks ago

21 Global Groups Write to CJI to Resolve Adani Case

Deccan Chronicle  

New Delhi: At least 21 international organisations have written to Chief Justice D.Y. Chandrachud and requested the Supreme Court to speedily resolve the pending case filed by the Directorate of Revenue Intelligence, investigating Adani Group firms for alleged overvaluation of Indonesian coal imports. Contending that they stand firmly against the continued use of fossil fuels, organisations said the Financial Times …

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Understanding India’s coal imports
8 months, 3 weeks ago

Understanding India’s coal imports

The Hindu  

The spectre of electricity shortages rises again as hot weather descends across the country. A recent Ministry of Power advisory corroborates this, saying “supplies of domestic coal will remain constrained due to various logistical issues associated with railway network”. It is convenient, as some might say, for such advisories to be interpreted as mandates by many coal-based generators since the …

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Adani group shares fall after media report on alleged over-pricing of coal imports
1 year, 2 months ago

Adani group shares fall after media report on alleged over-pricing of coal imports

The Hindu  

Shares of Adani Group companies on Friday, October 13, 2023, came under selling pressure and closed with losses with flagship Adani Enterprises Ltd tanking over 2% to ₹2,454.65 per share a day after Financial Times reported that the Gautam Adani led group was allegedly over-invoicing imported coal prices to enrich it and to make electricity consumers in India pay higher …

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Analysis | India cheers the return of 'King Coal' as industry sees buoyant future
1 year, 9 months ago

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future

The Hindu  

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. Increased output The reality is that India has successfully increased domestic coal output, with official government figures released last week showing production in the first 10 months of …

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India to boost coal imports this year to cope with harsh weather, freight snags: Report
1 year, 11 months ago

India to boost coal imports this year to cope with harsh weather, freight snags: Report

Hindustan Times  

India's power utilities will likely boost coal imports this year to cope with surges in demand, made worse over the past year by extreme temperatures, and with freight bottlenecks that are disrupting domestic coal supplies, analysts and officials said. Coal imports by Indian utilities more than doubled to 42 million tonnes during the first eight months of this fiscal year …

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Coal imports hit record high in June
2 years, 5 months ago

Coal imports hit record high in June

The Hindu  

Coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as economic activity picked up and amid a domestic shortage of the fuel. India imported over 25 million tonnes of thermal coal and coking coal in June, rising by over a third compared with the same period last …

India Data Record High Coal Imports Million Tonnes
India's coal import declines to 209 MT in 2021-22 as domestic output jumps
2 years, 6 months ago

India's coal import declines to 209 MT in 2021-22 as domestic output jumps

Firstpost  

Coal imports, which had reached a peak of 248 MT in 2019-20, declined continuously during the next two years to 215 MT in 2020-21 and further to 209 MT in 2021-22 New Delhi: India’s coal import declined to 209 million tonnes in the financial year ended March 2022 as against 248 MT recorded in 2019-20, as per the government data …

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Higher coal imports likely to increase cost for discoms by 4.5-5% in FY23: ICRA
2 years, 7 months ago

Higher coal imports likely to increase cost for discoms by 4.5-5% in FY23: ICRA

Live Mint  

Consumers should brace up to pay more for the electricity they are consuming during the ongoing period of power crisis as increased use of expensive imported coal in generation is expected to elevate the cost of supply by up to 5% in the current fiscal year 2022-23. The higher share of imports for thermal generation under a pass-through arrangement as …

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‘States urged to step up coal imports for three years’
2 years, 7 months ago

‘States urged to step up coal imports for three years’

The Hindu  

India has urged its States to step up coal imports for the next three years to build up inventories and satisfy demand, four sources told Reuters, a move set to benefit global prices of the fuel, already running high because of war in Ukraine. "The States were asked to continue importing because the private sector will take till at least …

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India's big industrial states plan massive coal imports to stave off shortages
2 years, 8 months ago

India's big industrial states plan massive coal imports to stave off shortages

The Hindu  

Three of India's most industrialised States plan to import 10.5 million tonnes of coal in coming months as officials scramble to arrest widespread power cuts, a move that could push global coal prices to new highs. The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near …

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Maharashtra, Tamil Nadu, Gujarat plan massive coal imports to stave off scarcity
2 years, 8 months ago

Maharashtra, Tamil Nadu, Gujarat plan massive coal imports to stave off scarcity

Live Mint  

NEW DELHI: Three of India's most industrialised states plan to import 10.5 million tonnes of coal in the coming months as officials scramble to arrest widespread power cuts, a move that could push global coal prices to new highs. SHORTAGES, SOARING POWER DEMAND India's federal government has also asked the state governments of Karnataka, Uttar Pradesh, Madhya Pradesh, Punjab and …

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West's sanctions and Putin's search for new energy markets: Can Europe cope with oil, gas shortages?
2 years, 8 months ago

West's sanctions and Putin's search for new energy markets: Can Europe cope with oil, gas shortages?

India Today  

Faced with several sanctions, especially in the energy sector, Russia is now looking toward alternative markets for its energy exports. Russia’s power over the European market was seen when gas prices suddenly dropped in October 2021, following Putin’s comments on stepping in to “stabilize” the energy market. Although OECD Europe received most of Russia’s crude oil and natural gas exports …

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US hits Russia with ‘war crimes’ sanctions, Europe following
2 years, 8 months ago

US hits Russia with ‘war crimes’ sanctions, Europe following

Associated Press  

WASHINGTON — The U.S. rolled out a new wave of financial sanctions on Wednesday against Russia that President Joe Biden said would place a lasting penalty on the country’s economy. In addition to sanctions aimed at Putin’s adult daughters, Mariya Putina and Katerina Tikhonova, the U.S. is targeting Prime Minister Mikhail Mishustin; the wife and children of Russian Foreign Minister …

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Zelenskyy at the UN accuses Russian military of war crimes
2 years, 8 months ago

Zelenskyy at the UN accuses Russian military of war crimes

Associated Press  

BUCHA, Ukraine — Ukrainian President Volodymyr Zelenskyy accused the Russians of gruesome atrocities in Ukraine and told the U.N. Security Council on Tuesday that those responsible should immediately be brought up on war crimes charges in front of a tribunal like the one established at Nuremberg after World War II. Moscow’s U.N. ambassador, Vassily Nebenzia, said that while Bucha was …

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India’s coal crisis is the result of its neoliberal agenda
3 years, 1 month ago

India’s coal crisis is the result of its neoliberal agenda

The Hindu  

I n recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Successive administrations over the last couple of decades have attempted to get the private sector, domestic and foreign, to invest in coal mining by diverting coal blocks to potential investors, even if not always successfully. Privatisation of coal production In 1993, …

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