Coal imports decline to 14 million tonnes

Coal imports decline to 14 million tonnes

Coal imports in January 2017 stood at 14.31 million tonnes (MT) against 18.28 MT in January 2016, a decline of 21.7 per cent.

'In the power sector, state utilities are planning to restrict imports, except coast-based plants by March 2017o mjunction CEO Vinaya Varma said.

'In fact, spot steam coal prices firmed up by around eight-nine per cent in South Africa, and also rose marginally in Indonesia during the month,' Varma added.

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