Imported Coal Plants Procurement Surges in FY24

02 May 2024 CW Team

The procurement of imported coal for power plants in India has reached a four-year high in the fiscal year 2023-24 (FY24), according to industry sources. This surge in procurement comes amidst various factors influencing the energy landscape, including fluctuations in domestic coal production and demand dynamics.

With a notable increase in the procurement of imported coal, power plants reliant on such fuel sources are adapting to market conditions and operational requirements. This trend highlights the importance of imported coal in meeting the energy demands of the country's power generation sector.

The rise in imported coal procurement underscores the challenges faced by power producers in maintaining a steady and reliable fuel supply chain. Factors such as transportation logistics, international market dynamics, and regulatory frameworks play significant roles in shaping the procurement strategies of power plants relying on imported coal.

Industry experts suggest that the increased procurement of imported coal-based plants reflects a strategic approach by power producers to ensure uninterrupted electricity generation and mitigate risks associated with domestic coal supply uncertainties. Additionally, the utilisation of imported coal allows power plants to leverage different quality grades and pricing structures to optimise operational efficiency and cost-effectiveness.

As India continues to navigate its energy transition, the dynamics of coal procurement for power generation remain crucial in ensuring the stability and sustainability of the country's electricity supply. The surge in imported coal procurement in FY24 signals a nuanced response by the power sector to evolving market conditions and regulatory landscapes.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..