NEW DELHI, July 12 (Reuters): India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as economic activity picked up.
India imported over 25 million tonnes of thermal coal and coking coal in June, rising by over a third compared with the same period last year, data from consultancies Coalmint and Kpler, and trader I-Energy Natural Resources showed.
Imports of thermal coal - used mainly in electricity generation - jumped to 19.6 million tonnes, while shipments of coking coal - used in steelmaking - rose to about 5.4 million tonnes, Coalmint and I-energy data showed.
Coal accounts for nearly three-fourths of India's power output, and utilities account for over 75 per cent of India's coal consumption.
India's coal imports hit record high in June
FE Team | Published: July 12, 2022 21:25:45
India's coal imports hit record high in June
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