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  Business   Companies  28 Jul 2017  India's coal import declines 8 pc in Q1 to 53 MT: Govt

India's coal import declines 8 pc in Q1 to 53 MT: Govt

PTI
Published : Jul 28, 2017, 9:32 am IST
Updated : Jul 28, 2017, 9:32 am IST

Vendible stock of CIL has increased from 53.62 MT as on April 1, 2015 to 61.92 MT as on April 1, 2017.

 Coal import has fallen from 217.78 million tonnes in 2014-15 to 203.95 MT in 2015-16 and further to 190.95 MT in 2016-17.
  Coal import has fallen from 217.78 million tonnes in 2014-15 to 203.95 MT in 2015-16 and further to 190.95 MT in 2016-17.

New Delhi: India's coal import in the first quarter of this fiscal declined by 8 per cent to 52.74 million tonnes (MT) over 57.38 MT in the year-ago period.

"As per the Directorate General of Commercial Intelligence and Statistics (DGCI&S) during April-June 2017-18, 52.74 MT (provisional) of coal was imported as compared to 57.38 MT in the corresponding period of 2016-17, showing a decline of 8.1 per cent," Coal and Power Minister Piyush Goyal said in a written reply to the Lok Sabha.

 

Coal import, he said, has fallen from 217.78 million tonnes in 2014-15 to 203.95 MT in 2015-16 and further to 190.95 MT in 2016-17.

The trend of fall in import has continued in 2017-18, he added.

The fall in imports is largely on account of enhanced production by Coal India (CIL), due to which the country has moved from a regime of scarcity to a coal surplus situation.

The vendible stock of CIL has increased from 53.62 MT as on April 1, 2015 to 61.92 MT as on April 1, 2017.

Tags: coal india, coal import, coal production
Location: India, Delhi, New Delhi