Coal news and updates

Coal: India not just importing

Even though coal exports declined from 1.24 million tonne (MT) in 2014-15 against 2.19 MT in 2013-14, the country earned `719.7 crore during the last financial year.

The nations to which coking coal was exported during 2014-15 include Bangladesh (.007 MT), Iran (.035 MT). While coking coal exports fetched Rs 41.3 crore to the exchequer, Rs 678.4 crore came from non-coking coal exports during the same period, according to figures compiled by the directorate general of commercial intelligence and statistics (DGCI&S) recently.

The proceeds were earned from sale of non-coking coal mainly to Bhutan (.038 MT), Bangladesh (.535 MT), Nepal (.482 MT) and United Arab Emirates (.141 MT), according to the DGCI&S.

Main ports for exports were Panitanki, West Bengal (0.31 MT) Borsorah, Meghalaya (0.15 MT) Magdalla, Gujarat (0.14 MT). These are land ports.

source: http://indianexpress.com