SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Coal imports decline to 191.95 MT in 2016-17

21 Aug 2017 Evaluate

Import of coal stood at 191.95 million tonnes (MT) in 2016-17 on account of higher production by Coal India (CIL). This is a decline compared to import of 203.95 MT in 2015-16 fiscal. The country has moved from a regime of coal scarcity to a coal surplus situation.

Thermal and steam coal imports have fallen 17.37% at the top 12 major ports to 29.82 MT during April-July this fiscal, according to the Indian Ports Association (IPA). Handling of coking coal, used mainly in steel-making, has also dipped 4.45% to 16.51 MT.

Against the demand of 884.87 MT of coal, the total domestic production stood at 659.27 MT. The Centre has announced plans to boost CIL’s annual production to the level of 1 billion tonnes by 2019 to meet the growing fuel demand.



About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×