Indian imports of Russian coking coal poised to double soon

01 Jun 2023 CW Team

After reaching 54 million tonnes in FY23, India's coking coal imports are expected to account for one- fifth of that figure in the current year, significantly driven by imports from Russia. The country currently imports approximately 90% of its 60 million tonnes coking coal requirement, with Australia being the dominant contributor, supplying over 70%. However, India has been actively seeking to diversify its sources of steelmaking coal and has identified Russia as a preferred option due to favourable pricing and efficient delivery.

Steel Secretary Nagendra Nath Sinha emphasised the importance of diversifying import sources to mitigate supply disruptions caused by environmental disturbances and geopolitical events. While the decision to explore new import markets ultimately lies with individual companies based on quality and pricing assessments, India's steel and energy ministries signed a memorandum of understanding with Russia in October 2021 to develop coking coal sources, collaborate on mining and steel manufacturing technologies, and procure the raw material. JSW Steel, JSPL, and SAIL have already initiated imports of Russian coking coal, with plans to expand their procurement in FY24.

SAIL, which currently imports about 17 million tonnes of metallurgical coal annually from various sources, expressed its intent to diversify its vendor base and reduce dependence on existing sources.

The company conducted a trial import of 300,000 tonnes of coking coal from Russia in FY23, finding it suitable for their requirements. As a result, SAIL has initiated the process of entering into an agreement with the Russian supplier and expects the quantity of imports to increase in the current fiscal year.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..