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Coal India finds no takers for imported supplies

Coal India finds no takers for imported supplies

Minister of State for Coal, Power, Renewable Energy and Mines Piyush Goyal has said that no thermal power plant/coal company has approached CIL (Coal India Ltd) for supply of imported coal for 2016-17.

Coal demand in 2016-17 is estimated to be 884.8 million tonnes (MT) against which the supply plan from indigenous sources has been estimated to be 724.7 MT, leaving a demand supply gap of 160 MT to be met through imports by consuming sectors, said Goyal in a reply to the Lok Sabha.

Thanks to increased production by CIL in the last fiscal, coal imports have fallen to 199.8 MT in 2015-16 from 217.7 MT in 2014-15, said the minister.

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