Thermal coal imports plunge by 31% in Oct on slow power generation

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This was the fastest rate of contraction in fifteen months, and the first consecutive decline since July 2023.

India's coal import rose 8% to 140.Coal imports jump 5.7% to 75.

Shipments into the world's second-largest coal importer plunged 31.8 per cent to 13.56 million metric tons, Bigmint data showed.

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Category: BusinessFinance

Markets: IndiaChina

Topics: Thermal coal supply Energy demand India India coal imports Coal supply chain Global coal market India energy Coal import trends Domestic coal Coal trading Thermal coal Indian economy Coal imports decline Power generation 2024 coal imports India coal shipments Clean energy China coal imports Solar power India Bigmint Hydropower generation Kpler

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Article Type: News Report

Published On: 2024-11-12 @ 15:39:18 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 378 words

Reading Time: 3 minutes read

Sentences: 13 lines

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Copyright Owner: © Business Standard

News ID: 23550903

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