India registers 15% increase in thermal coal imports in 2022: Reports

9 Jan 2023 , 02:31 PM

India’s thermal coal imports grew 14.7% to 161.18 million tonnes in 2022, according to data from the Indian consultancy Coalmint, driven by increased domestic production and utility shipments.

According to data from Coalmint, India’s thermal coal imports increased 14.7% to 161.18 million tonnes in 2022, driven by increased domestic production and utility shipments.

Petcoke imports to India more than doubled to 9.77 million tonnes in 2022, owing to lower prices compared to coal, which reached record highs following Russia’s invasion of Ukraine.

Thermal coal imports increased due to an increase in utility demand. This is mainly because power demand surged due to a resurgence in industrial activity following the relaxation of coronavirus-related restrictions and an intense heatwave in the first half of the year.

Thermal coal imports by power plants increased 58.1% to 47.6 million tonnes in the first 11 months of 2021, according to government data. There was no information available on coal imports by utilities in December.

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