India’s Russian coal imports in March may be highest in over 2 years

14 Mar 2022 CW Team

India's Russian coal imports in March could be the highest in more than two years, as Indian buyers continue buying the fuel from a market that is now increasingly isolated by sanctions.

Russia might offer more competitive prices to the Indian and Chinese buyers since the European and various customers spurn Russia due to sanctions.

According to data from consultancy Kpler, vessels carrying at least 1.06 million tonnes of coking coal and thermal coal will deliver the fuel in Indian ports which will be used for electricity generation next month, which is the highest since January 2020.

Russia, which is the sixth-largest supplier of India's coking and thermal coal, can start offering even more competitive prices to Chinese as well as Indian buyers since European and several other customers spurn Russia due to sanctions, the traders said. Additionally, they said that the trade can also be boosted by a trading arrangement of rouble-rupee.

Approximately 8,70,000 tonnes of Russian coal is already delivered or expected to be delivered to the Indian shores by March 20, which according to Indian consultancy Coalmint is the highest since April 2020.

The number could have been higher if more coal had been loaded at Russian ports from mid-February since it typically takes around a month for the vessels to deliver to India.

Indian buyers are now in a backseat in the SWIFT ban as well as sanctions on Russia. They are currently looking out for alternatives from the US and Australia.

Image Source

Also read: India's coal imports likely to grow in 2022: Fitch Ratings report

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..