Coal
India is the world’s fifth-largest coal producer but also the steam coal market’s largest buyer – accounting for 19% of global imports (169 MMT) in 2015. Indonesia, South Africa, and Australia top the list of India’s thermal coal suppliers. With India’s government committed to the country’s complete electrification, the coal fleet will continue to grow strongly. IHS Market predicts India will spearhead future Asian demand for steam coal with imports reaching 181 MMT by 2020 and steadily increasing through 2040. In addition, India imports a substantial amount of metallurgical coal from Australia and coking coal from China.
You can find the latest Indian coal market data, news, and insight through the IHS Indian Coal Report. Available through our APAC and African Coal Market News & Analysis service, the report provides:
Key price indices: Indian CFR (5,500kc NAR) East and West Coast India East Coast CFR (5,000kc/4,200kc) GAR India West Coast CFR (5,000kc/4,200kc) GAR Indian import and export statistics for metallurgical, steam and petcoke Indian production and consumption data for metallurgical, steam and petcoke Analysis of major producers, producing regions, transportation costs, infrastructure, policy Analysis of the latest Indian coal market news: Briefs, tenders, stocks, contracts
First, the country’s planned shift to supercritical and ultra-supercritical power plants after 2017 favors continued dependency on high-quality coal imports needed to run those plants. Indian coal, which has high ash content and low calorific value, presents a challenge for the efficient functioning of supercritical boilers. Second, India’s infrastructure for transporting coal from inland deposits to its two dozen coastal power stations remains poor. The share of India’s coastal-based power, which operates completely on imported coal, is expected to increase from the current 17% to 23% by 2030.
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