This is an archive article published on August 2, 2022
India eases coal import targets as inventories improve in some states
India's power ministry has asked state government-run utilities and private power producers to assess the amount of coal needed to be imported for blending.
A worker sits on a truck being loaded with coal at a railway coal yard on the outskirts of Ahmedabad. (REUTERS, file) India has eased coal import targets for utilities owned by state governments and private companies, according to an internal notice reviewed by Reuters.
India’s power ministry has asked state government-run utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a notice issued to government officials and private utilities.
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Many states have stocks 50% above normal levels while others are still near critical levels, the ministry said in the Aug. 1 notice.
States, independent power producers and the coal ministry could decide on coal import percentages after assessing the availability of domestic supplies, the power ministry said.