The government admits gap between demand and supply of coal cannot be bridged completely due to insufficient domestic availability of coking coal
GN Bureau | February 9, 2018
Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte in 2016-17. The trend of fall in import of coal has continued in the current fiscal.
As per the directorate general of commercial intelligence and statistics (DGCI&S), during April-October 2017-18, 118.86 Mte of coal was imported compared to 121.14 Mte in the corresponding period of the previous fiscal, showing a decline of 1.9 percent.
The government has said that the fall in coal imports is largely because of the enhanced production by Coal India Ltd. The vendible stock of CIL has increased from 53.47 Mt in 2015 to 68.42 Mt in 2017. The off-take /dispatch of coal of CIL has also increased from 488.86 Mt in 2014-15 to 543.16 Mt in 2016-17.
However, the government has admitted that the gap between demand and supply of coal cannot be bridged completely due to insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import coal for their production.
The DGCI&S records show, a small quantity i.e. 1.07 MT of coal was imported (including coal, coke and briquettes) from USA in October, 2017 against 0.36 MT imported in January, 2015.
Minister of railways and coal Piyush Goyal gave this information in Lok Sabha.
After the liberalisation of the insurance industry in 2000, private firms (mostly in partnerships with foreign firms) have readily taken to the sector. Till FY18 there were 23 private firms in the life insurance sector and 21 in general insurance segment. However, it was only in 2016-17 that the first priv
[Kancha Ilaiah Shepherd, scholar and dalit activist, has penned his autobiography which is more than just the life-story of an individual but promises to become a document for a generation and a community. We reproduce below an excerpt, with the permission of the publishers, where he talks about his yo
Villages without power supply are easy to find though the government says there are none. The lines are laid, but many villagers are too poor to pay for electricity. BPL (below poverty line) families, entitled to free supply, are waived the installation charge. But they don’t have money to wire their
In a major embarrassment to the railways, the much touted Vande Bharat Express developed a technical snag at Chamraula, 15 kms from Tundla junction. Prime Minister Narendra Modi flagged off the train on Friday from New Delhi station. The train was
Indian Railways entered a new era as prime minister Narendra Modi on Friday flagged off the country’s first semi high-speed train, Vande Bharat Express, from the New Delhi railway station. The new train is also seen as a success story of the NDA government’s ‘Make in India’
Riho Kruuv, Ambassador of the Republic of Estonia talks to Vishwas Dass on key issues like the importance of e-Residency programme of the Government of Estonia and why Estonia is becoming a preferred investment destination for Indian startups and budding entrepreneurs. The Ambassador says Estonia offer