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

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Article Type: News Report

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

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 378 words

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Sentences: 13 lines

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News ID: 23550903

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