Coal imports at major ports slip 18% to 51 MT in April-October: Report

Thermal coal imports declined by 17.69 per cent to 51.10 million tonnes at the country's top 12 major ports during April-October this fiscal, latest Indian Ports Association report has said. The Centre-owned ports had handled 62.08 MT of the thermal coal in the same period previous year. The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report said "percentage variation from previous year" in thermal coal handling was at 17.69 per cent. As far as coking and other coal is concerned, its handling recorded a rise of 6.88 per cent at 33.43 MT during the seven months period. These ports had handled 31.28 MT of coking coal in the corresponding period last fiscal. Thermal coal is the mainstay of India's energy programme as 70 per cent of power generation is dependent on the dry fuel, while coking coal is used mainly for steel-making. Earlier, mjunction services -- a B2B e-commerce joint venture between Tata Steel and SAIL -- has repo

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