15-03-2016

Indian utilities import 75.3 mil mt thermal coal over Apr 2015-Feb 2016, down 10% on year

coalimp

Indian power utilities imported around 75.3 million mt of thermal coal over April 2015-February 2016, down 9.6% from the same period last year, according to latest data from India’s Central Electricity Authority.

Of the total, 34.7 million mt was imported by 36 utilities for blending with domestic coal, while 40.6 million mt was imported by eight utilities for power plants that used only imported coal.

Seven utilities did not import any coal during the first 11 months of fiscal year 2015-2016 (April-March).

Private sector power company Adani Power imported the largest volume of thermal coal during the April-February period at 15.4 million mt.

State-owned generator NTPC followed with 9.1 million mt, and Tata’s Mundra power project around 8.9 million mt.

On a monthly basis, however, February imports reached 6.7 million mt, up almost 10% year on year.

Utilities in India are expected to import 84 million mt during the current fiscal year ending March 31, 2016.

Of the projected total, 42 million mt will be imported for blending with domestic coal, and an equal amount will go to those plants that run on imported coal only.

Source:  Platts

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