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  • India probing 40 coal importers for over-valuing cargoes

    The government’s department of revenue intelligence, or DRI, is conducting the probe, coal minister said in a written reply, without elaborating

  • Decline of 7.9% in coal imports in FY25 results in foreign exchange savings of Rs 60,682 cr

    The country's coal import stood at 264.53 MT in FY24, the coal ministry said in a statement

  • Coal imports up 4% at 162 MT in Apr-Oct period

    Coal imports in October dropped by 14.4 per cent to 21.84 MT compared to 25.54 MT in the corresponding month of the previous fiscal, according to data compiled by mjunction services, a B2B e-commerce platform.

  • India's coal import rises 13% to 26 MT in April: mjunction

    The country had imported 23.05 MT of coal in the year-ago period, according to data compiled by B2B e-commerce company mjunction services ltd.

  • India's coal import rises 13% in February

    The country’s coal import also went up to 244.27 MT in the April-February period of FY24 over 227.93 MT in the year-ago period, the online marketplace said

  • India's coal imports drop over 4% to 148 million in Apr-Oct period

    The country's coal imports were 154.72 MT in the corresponding period of the previous fiscal.

  • Coal imports case: SC to hear in February DRI's appeal against Bombay HC order quashing LRs

    On October 17, 2019, the high court had quashed all the letters rogatory (LRs) sent by the DRI to Singapore and other countries in its ongoing investigation against the Adani Group firms for alleged overvaluation of Indonesian coal imports.

  • AIPEF terms Centre's coal import-related directives as an 'additional load' on thermal plants

    As per the order, "the reason for not getting adequate coal to the thermal power plants is due to the constraints of the Railways and in such a situation, putting an additional load of imported coal on the thermal power plants of the state is not appropriate," AIPEF said.

  • Govt plans to stop 107 MT of coal imports by FY 2025: Pralhad Joshi

    Rs 6,000 crore in VGF will be provided for coal gasification to two projects of PSUs, four projects from the private sector and five projects on pilot basis, Amrit Lal Meena, coal secretary told Moneycontrol.

  • Coal import cannot be zero, its blending with domestic dry fuel helped plants maintain stock: Power Minister

    R K Singh stated that with the rise in electricity demand, the increase in supply of coal to power plants is not commensurate with the domestic coal requirement.

  • India’s energy imports soar in April-December 2022, Russian crude imports stay high

    Imports from Russia rose, due to discounted rates offered, from $6.58 billion from April to December 2021 to $32.88 billion in 2022.

  • Dollar dips before Fed minutes, Aussie jumps on China coal imports

    Traders will scour Wednesday's meeting minutes for indications that Fed officials are concerned about persistent inflation even as the bank slows the pace of its rate increases.

  • Adani Group’s holding co’s debt doubles in FY22 despite revenue soaring

    AEL’s biggest revenue vertical doubled its revenue on higher coal prices, according to a Jefferies report

  • Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Govt aims to build 40 million tonne coal stock at power plants to ensure supplies during monsoon

    Union power minister R K Singh said right now, there are reserves of around 22.9 MT at the power plants. Speaking to PTI, the minister said right now, there are reserves of around 22.9 MT at the power plants.

  • 'Need to augment coal production as fast as possible; State gencos to continue import': RK Singh

    Power demand increased to about 45,000 megawatts on a daily basis. In energy terms, the demand and consumption went up to 4,500 mili units from 3,500 mili units - which is an increase of 25 percent, said the power minister

  • Coal issue cannot be resolved sitting in Delhi, Centre should work with states, Coal India: Former coal secretary Anil Swarup

    " For the two years as coal secretary, I did not convene a single meeting in Delhi. I used to travel to each state where coal exists once in two months to engage with the chief secretary, senior officers and with all the district magistrates on video conference, and discuss the big issues relating to land acquisition and forest and environment clearance."

  • Coal India to import for first time in years as power shortages loom

    It would be the first time since 2015 that Coal India has imported the fuel, highlighting efforts by state and federal officials to stock up to avoid a repeat of April, when India faced its worst power cuts in more than six years

  • 'Higher coal imports may push power supply cost for discoms by 4.5- 5% in FY23'

    On May 5, Ministry of Power (MoP) issued a directive under Section 11 of the Electricity Act, stating that all imported coal-based power plants shall operate and generate power at their full capacity to meet the growing demand, ICRA stated.

  • State, private sector utilities given June-end coal import target amid power crisis

    The move, which marks the first time the world's second largest coal importer is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.

  • Power Minister R K Singh tells states to step up coal imports for 3 years: Report

    The statement by Power Minister R K Singh puts a long timeline on a major policy reversal suggested this month, when the federal government asked utilities run by state governments to step up coal imports.

  • Poor planning, delayed coal imports stoke a power crisis in Tamil Nadu 

    Chief Minister MK Stalin has written to the Prime Minister demanding coal supply, but the state power utility has been sleeping on the job

  • Maharashtra govt to import coal to tide over load shedding crisis: Ajit Pawar

    "Load shedding is going on in the state. A meeting was held on this issue by Chief Minister Uddhav Thackeray. I will take a review of the power department every week on the issue of load shedding and the cabinet has given its approval to check whether there is any availability of power in the country,” Ajit Pawar said.

  • Exclusive| India-Australia interim trade deal to allow Aussie wine but not dairy, say sources

    Discussions on market access for Australian dairy products and meat, apart from Australia’s discomfort with opening up services exports, are the major sticking points in the deal, talks on which had begun in 2011.

  • Why Adani Ports and SEZ shares have hit a soft patch

    Customers are deferring coal imports due to high prices in the international markets, impacting Adani Ports’ volumes

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