India's Coal Imports Increase by 5% to 52 Million Tonnes in April-May
COAL & MINING

India's Coal Imports Increase by 5% to 52 Million Tonnes in April-May

India's coal imports increased by 5.3% to 52.29 million tonnes (MT) in the first two months of the current fiscal year compared to the same period last year. The data, compiled by mjunction services, indicated that the country had imported 49.62 MT of coal in April and May of FY24.

However, there was a slight decline in coal imports in May, dropping to 26.19 MT from 26.57 MT a year earlier.

According to mjunction services ltd, there was a decrease of 1.43% compared to the 26.57 MT imported in May 2023.

Vinaya Varma, MD and CEO of mjunction, mentioned that demand for imports is likely to stay low in the coming weeks due to the monsoon onset, while domestic production growth is expected to remain robust.

Additionally, it was anticipated that coking coal prices in the international market would rise due to supply constraints, potentially affecting interest from buyers in India.

In May, non-coking coal imports totaled 17.53 MT, down from 18.10 MT the previous year. Coking coal imports amounted to 5.03 MT, compared to 5.10 MT in May 2023.

Coal India is responsible for more than 80% of domestic coal production.

Following his appointment as coal and mines minister, G Kishan Reddy emphasized the need for India to boost domestic coal production and reduce reliance on imports.

India's coal imports increased by 5.3% to 52.29 million tonnes (MT) in the first two months of the current fiscal year compared to the same period last year. The data, compiled by mjunction services, indicated that the country had imported 49.62 MT of coal in April and May of FY24. However, there was a slight decline in coal imports in May, dropping to 26.19 MT from 26.57 MT a year earlier. According to mjunction services ltd, there was a decrease of 1.43% compared to the 26.57 MT imported in May 2023. Vinaya Varma, MD and CEO of mjunction, mentioned that demand for imports is likely to stay low in the coming weeks due to the monsoon onset, while domestic production growth is expected to remain robust. Additionally, it was anticipated that coking coal prices in the international market would rise due to supply constraints, potentially affecting interest from buyers in India. In May, non-coking coal imports totaled 17.53 MT, down from 18.10 MT the previous year. Coking coal imports amounted to 5.03 MT, compared to 5.10 MT in May 2023. Coal India is responsible for more than 80% of domestic coal production. Following his appointment as coal and mines minister, G Kishan Reddy emphasized the need for India to boost domestic coal production and reduce reliance on imports.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement