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Thursday, 08 February 18
ENHANCED PRODUCTION BY COAL INDIA LIMITED HELPS DECLINE IN COAL IMPORTS - UNION MINISTER OF RAILWAYS AND COAL
Coal ExcavatorAccording to press release from PIB, as per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty.   
 
However, Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte. in 2015-16 and further to 190.95 Mte. in 2016-17. The trend of fall in import of coal has continued in 2017-18. As per (DGCI&S), during April-October,2017-18, 118.86 Mte. (Provisional) of coal was imported as compared to 121.14 Mte. in the corresponding period of 2016-17 showing a decline of 1.9%. 
 
The fall in imports is largely on account of enhanced production by CIL.  The vendible stock of CIL has increased from 53.47 Mt. as on 01.04.2015 to 68.42 Mt. as on 01.04.2017.  The off-take / dispatch of coal of CIL has also increased from 488.86 Mt in 2014-15 to 543.16 Mt. in 2016-17. 
 
However, the gap between demand and supply of coal cannot be bridged completely as there is insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import coal for their production.
 
 As per Directorate General of Commercial Intelligence & Statistics (DGCI&S), a small quantity of coal was imported (including Coal, Coke and Briquittes etc.) from USA during October, 2017 viz. 1.07 MT (against 0.36 MT imported in January, 2015).
 
This information was given by the Union Minister of Railways and Coal Shri Piyush Goyal in a written reply to a question in Lok Sabha today.


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Thursday, 04 January 18
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Wednesday, 03 January 18
KOMIPO TO BUY 130K TONS OF MIN. 5700 NAR COAL FOR FEB 2018 LOADING
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Friday, 29 December 17
PORT OF NEWCASTLE SHIPPED A$ 1.527 BILLION WORTH OF 12.65 MT OF COAL IN NOVEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1527.6 M ...


Friday, 29 December 17
U.S WEEKLY COAL PRODUCTION SLIGHTLY UP FOR THE WEEK ENDING 23 DEC, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tons ...


Wednesday, 27 December 17
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The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment. It adopted Annex ...


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