Coal Imports Increase by 6% to 75.26 MT for April-June

12 Aug 2024 CW Team

India's coal imports increased by 5.7 per cent to 75.26 million tonne (MT) in the first quarter of the current fiscal year, up from 71.16 MT during the same period of the previous fiscal year. In June, coal imports also saw a rise of 6.59 per cent, reaching 22.97 MT compared to 21.55 MT in June of the previous fiscal year. This data was compiled by mjunction services, a B2B e-commerce platform formed through a joint venture between Tata Steel and SAIL.

Vinaya Varma, MD and CEO of mjunction, noted that due to the surplus coal available and the slowdown in industrial activity during the monsoon season, the demand for imports is expected to remain subdued in the coming months.

In June 2024, non-coking coal imports amounted to 14.19 MT, surpassing the 13.29 MT imported in June of the previous year. Coking coal imports were 5.45 MT, compared to 5.33 MT imported in June 2023.

From April to June 2024, non-coking coal imports totalled 49.12 MT, an increase from 46.53 MT imported in the same period the previous year. Coking coal imports for the same period stood at 15.45 MT, up from 15.20 MT recorded during April-June 2023.

For the fiscal year 2024 (FY24), India's coal imports rose by 7.7 per cent to 268.24 million tonnes, driven by the softness in seaborne prices and the anticipated rise in power demand during the summer. The country's coal imports were 249.06 MT in FY23.

Coal Minister G Kishan Reddy had previously stated that India should focus on increasing domestic fossil fuel production and reducing coal imports. Domestic coal production rose by 11.71 per cent to 997.828 MT in 2023-24, compared to 893.191 MT in 2022-23.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..