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Coal imports slips 8.1% to 52.74 MT during Q1FY18

31 Jul 2017 Evaluate

The imports of coal stood at 52.74 million tonnes (MT) during April-June 2017-18, a fall of 8.1%, compared to import of 57.38 MT in the corresponding period of 2016-17. 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 coal scarcity to a coal surplus situation.

The vendible stock of CIL has increased form 53.62 MT as on April 01, 2015 to 61.92 MT as on April 01, 2017. The off-take / dispatch of coal of CIL has also increased from 488.86 MT in 2014-15 to 542.82 MT in 2016-17. The vendible stock of CIL even on July 01, 2017 was 49.90 MT.

Coal imports have fallen from 217.78 MT in 2014-15 to 203.95 MT in 2015-16 and further to 190.95 MT in 2016-17.