30-Jan-2024 01:15 PM
6584
Kolkata, Jan 30 (Reporter) India’s thermal coal imports, including
anthracite, rose 6 per cent in 2023, aided by a jump in intake by power plants following a government advisory to blend 6 pc imports in their total coal usage to meet elevated electricity, a report quoting the government source said on Tuesday.
The metallurgical coal imports, including PCI, also went up 5 pc, the
report said, attributing this to a steep rise in crude steel
production, amid a jump in the
country’s steel demand.
A central government advisory to hinterland
plants to blend 6 pc thermal imports was initially in place between
January-September, later extended upto March 2024, while coastal
plants were asked to operate at optimum capacity during the same
period.
But the hinterland plants were asked to blend only 4 pc imports, while
there was no relief to coastal plants who were asked to continue with
optimum operations
until March.
Thermal imports in 2023 increased 6 pc year on year to a provisional
175.03 mt, from a revised 165.53 mt in 2022, according to McCloskey
data.
This was due to a 14 pc surge in intake by power plants, as coal-fired
generation rose 9% year on year for a second consecutive year.
India’s coal-fired electricity generation in 2023 was up 9 pc on the
year to a provisional 1,231.60 TWh, from 1,128.05 TWh in 2022, a year
in which it also grew 9 pc
year on year from 1,037.30 TWh in 2021, according to Central
Electricity Authority (CEA) data.
Coal imports by Indian power plants, excluding captive plants, rose to
57.39 mt in 2023, from 50.35 mt, according to CEA.
The government advisory had little impact on imports by hinterland
power plants due to increased domestic availability and their imports
in 2023 slipped 24% to 23.40 mt, from 30.63 mt in 2022...////...