Coal India output won’t keep imports low

Despite Coal India reporting the sharpest production growth in two decades in FY15 and the momentum expected to remain in the current fiscal, the country’s coal imports are set to accelerate. Power companies, one of the major consumers of coal, have firmed up plans to import 73 million tonne of coal this fiscal, up more than a third from last year.

Higher imports have been scheduled because of the fuel’s declining prices in global markets and the transportation bottlenecks that made domestic coal relatively unattractive for coastal power stations.

 

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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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