Coal imports drop 1.82% to 68.30 mt in April-June
COAL & MINING

Coal imports drop 1.82% to 68.30 mt in April-June

India's coal imports experienced a 1.82% drop, reaching 68.30 million tonnes in the April-June period of the ongoing financial year, as revealed by a recent report by mjunction. This marks a decrease from the 69.57 million tonnes imported during the same timeframe last year. The imports encompassed various coal types including non-coking coal, coking coal, anthracite coal, pulverised coal injection (PCI) coal, met coke, and pet coke.

Notably, non-coking coal imports were recorded at 42.99 million tonnes, down from 47.44 million tonnes last year. Similarly, coking coal imports amounted to 15.89 million tonnes, as opposed to 14.61 million tonnes a year earlier. June 2023 saw a substantial reduction, with imports at around 21.03 million tonnes, marking a 25.21% decline from the 28.11 million tonnes imported in the same month in the previous year.

India, one of the world's top coal-producing nations, faces a reliance on imports due to domestic demand. Coking coal, crucial for steel production, remains heavily import-dependent. Vinaya Varma, MD and CEO of mjunction, anticipates a rebound in demand post-monsoon, accompanied by increased industrial activity preceding the festive season. Mjunction, a B2B e-commerce platform, is a joint venture of Steel Authority of India (SAIL) and Tata Steel.

India's coal imports experienced a 1.82% drop, reaching 68.30 million tonnes in the April-June period of the ongoing financial year, as revealed by a recent report by mjunction. This marks a decrease from the 69.57 million tonnes imported during the same timeframe last year. The imports encompassed various coal types including non-coking coal, coking coal, anthracite coal, pulverised coal injection (PCI) coal, met coke, and pet coke. Notably, non-coking coal imports were recorded at 42.99 million tonnes, down from 47.44 million tonnes last year. Similarly, coking coal imports amounted to 15.89 million tonnes, as opposed to 14.61 million tonnes a year earlier. June 2023 saw a substantial reduction, with imports at around 21.03 million tonnes, marking a 25.21% decline from the 28.11 million tonnes imported in the same month in the previous year. India, one of the world's top coal-producing nations, faces a reliance on imports due to domestic demand. Coking coal, crucial for steel production, remains heavily import-dependent. Vinaya Varma, MD and CEO of mjunction, anticipates a rebound in demand post-monsoon, accompanied by increased industrial activity preceding the festive season. Mjunction, a B2B e-commerce platform, is a joint venture of Steel Authority of India (SAIL) and Tata Steel.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?