The share of South African thermal coal imports rose to the highest levels in recent months as sponge iron makers switched back amid Russian blend concerns, Coalmint said in a report this week
The Tamil Nadu Generation and Distribution Company will be importing 22 lakh metric tonnes of coal during the current financial year. Of this 7.2 lakh MT of coal will be imported in February 2023
CoalMin confident that domestic supply will meet festive season's power demand
A stranded ferry from the Visakhapatnam port is cited to be the reason for plunging it into a deep crisis.
Indian consultancy Coalmint expects September thermal coal imports from Russia to decline 30% from August to 1.4 million tonnes
Stockpiles of the fossil fuel at power plants have fallen about 11% since mid-August, meaning utilities have an average of 10 days supply, well below required levels of more than three weeks
Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices
India is planning to import nearly 76 million tonnes (MT) of coal this fiscal year to reach the fossil fuel shortfall in power plants
Surprisingly, its coal more than oil that is emerging as a huge pressure point
The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.
Bara Daya Energi is blacklisted by Gujarat and was rejected by CIL in first tender
The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies
UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal
Tata Steel bought 75,000 tonnes of Russian coal in May; company pledged to cut business ties with Russia in April; Tata Steel says coal import deal struck before April decision
India's coal import is likely to decline by 11.4 per cent to 186 million tonnes (MT) in the current financial year, even as the state-owned firm has issued tenders to source the fuel from overseas.
The firm placed 6 tenders & received technical bids from 4 players - Ahmedabad-based Adi Tradelink, Chennai-based Chettinad Logistics, and Delhi-based Mohit Minerals Ltd along with Adani Enterprises
GENCOS who either don't place their indents with CIL by 3.6.2022 or haven't initiated their tender processes of coal imports, will be allocated only 70% of domestic coal, said govt
Officials are rushing to make more coal available for utilities as shortages in July-September quarter are expected to be 15% wider than intitially estimated due to expectations of higher power demand
All India Power Engineers Federation has urged the central government to withdraw its direction to states' gencos to import coal amid the shortage of dry fuel, crippling electricity generation
India is facing its worst power crisis in over six years, and officials have been scrambling to arrange supply for power plants whose pre-summer inventories are at over nine year lows