Coal imports decline by 22% to 14 MT in January
"In power sector, the state utilities are replete with stock and are aiming to curb imports altogether (except for coast-based plants) by March 2017. This explains the substantial drop....In steam coal imports in January 2017 vis-a-vis the same month last year," mjunction CEO Vinaya Varma said.
Coal imports declined by 21.7% to 14.31 million tonnes in January. Photo: Reuters