Sunday 11 January 2015

India’S Coal Imports Surge 19Pct In 2014 - Mjuncction

According to online marketplace mjunction, India’s coal imports surged 19% last year to 210.55 million tonne on demand from power sector, but the ongoing coal industry strike is unlikely to cause a further spurt.


India had imported 176.97 million tonne of coal in 2013.Mr Viresh Oberoi CEO & MD of mjunction said that “Of the total imports during the year, steam coal stood at 162.96 million tonne, up 22% from 133.54 million tonne imported in 2013 whereas coking coal imports in 2014 rose to 37.06 million tonne, up 4.04% from 35.62 million tonne in 2013.”


Mr Oberoi said that “We do not see any spurt in import because of that, but import is likely to be slightly higher compared to December 2014 going by past trend.”


He said that there was also a sharp increase in imports of anthracite coal, pulverised coal (PCI), metallurgical coal and petroleum coke last year.


Source:- coal.steelguru.com





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