India’s coal import rises 8% to 140.60 MT in Apr-Sept

NEW DELHI: India’s coal import rose by 7.8 per cent to 140.60 million tonne (MT) in the April-September period of the ongoing financial year.

The country’s coal import was 130.34 MT in the year-ago period, according to data compiled by B2B e-commerce company mjunction services ltd.

Overall, coal import demand is likely to remain modest due to the healthy stock position and high volumes being offered through spot e-auctions in the domestic market, mjunction MD and CEO Vinaya Varma said.

Source: PTI News

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