Indian Q2 thermal coal imports down 4 pct on year

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Publish time: 22nd July, 2015      Source: Platts
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Indian imported 21.5 million tonnes of thermal coal over April-June, the first quarter of the 2015-16 fiscal year, down 4% on the year, according to the latest data of India’s Central Electricity Authority.Of the total, 10.6 million tonnes was imported by 29 utilities for blending while 10.9 million tonnes was imported by eight utilities for power plants burning only imported coal.Twelve utilities did not import any coal during the same period.Privately-owned power producer Adani Power imported the most thermal coal in April-June at 4.2 million tonnes, followed by state-run power generator NTPC Ltd. with import of 3.8 million tonnes.For 2015-16, utilities are set to import 115 million tonnes of thermal coal. Of this, 73 million tonnes would be for those plants blending imported and domestic coal, with the remaining 42 million tonnes to be imported by those plants which use only imported coal.During 2014-15, Indian utilities imported 91.24 million tonnes of coal compared with a target of 94 million tonnes.