Coal imports rise in November after three months of decline

Coal imports in November rose 8.6 per cent from a year earlier to 21.83 million tonnes.

Update: 2020-02-10 08:28 GMT
In a bid to attract investments and boost coal production, the government on Wednesday approved promulgation of an ordinance to open up the coal mining sector further by allowing non-coal companies to take part in auctions without end-use restrictions.

New Delhi: India’s coal imports in November rose 8.6 per cent from a year earlier to 21.83 million tonnes, government data showed, following three straight months of decline.

Imports of thermal coal - used mainly for electricity generation - rose 12.3 per cent from a year ago to 17.65 million tonnes, whereas coking coal shipments to India fell 5 per cent from a year earlier to 4.18 million tonnes, data from the Ministry of Coal showed.

India’s thermal coal imports fell from August to October, their longest sustained fall in over two years, due to a broader economic slowdown that stifled demand from industrial consumers.

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