India 2019 thermal coal imports rise 12.6% to nearly 200 million tonnes - government [Reuters]
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Source: Reuters
India 2019 thermal coal imports rise 12.6% to nearly 200 million tonnes - government NEW DELHI (Reuters) - India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the second straight year of growth in shipments of the fuel despite attempts by the government to cut imports. Coal is among the top five commodities imported by India, the world’s second largest consumer, importer and producer of the fuel. Imports of thermal coal - mainly used for power generation - jumped 12.6% to 197.84 million tonnes in 2019. However, imports of coking coal - used mainly in the manufacturing of steel - fell marginally, following two straight years of increase, government data showed. India imported 51.33 million tonnes of coking coal in 2019, down from 51.63 million tonnes in 2018, the data showed. While higher coal imports may be bad news for the Indian government, they benefit international miners such as Indonesia’s Adaro Ene
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