India reported a rise in value of coal import by 38.2% to Rs 1,38,477 crore in FY 18. In quantity terms coal imports of India improved by 9.1% to 208.27 million tonnes (MT) from previous year's 190.95 MT.
Peaked international price is stated as main reason in the monetary value increase, while quantity wise improvement is relatively less. As per reports, imported quantity of 2017-18 at 208.27 MT is less than the imported quantity of 2014-15 which stood at 217.79 MT even as power generation and industrial activity grew substantially after 2014-15.
India is deficient in coking coal, in 2017-18 the value of imported coking coal grew by 44%, from Rs 41,230.06 crore to Rs 59,522.63 crore. Majority of the thermal power stations are configured to use imported coal, hence such imports are inevitable. During April-October 2018, these power plants have imported 22.27 MT of coal.
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.
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.
MoneyWorks4Me ensures this through: