Coal news and updates

MAHAGENCO’S May coal imports below target

June 16: Maharashtra State Power Generation Co. Ltd (MSPGCL), popularly known as MAHAGENCO, has received a total of 251,000 tons of imported coal in May 2014, much below its target of 292,000 tons, according to provisional data of CEA available with ICMW.

The utilities’ coal import in May was also down nearly 24% as compared to 330,000 tons of imported coal received in April 2014 and down nearly 40% as compared to 415,000 tons received in May 2013, the data revealed.

The total receipt of imported coal by MAHAGENCO during the first two months of 2014-15 stood at 581,000 tons, down nearly 21% as compared to 733,000 tons received during the corresponding period of 2013-14, the data revealed.

The utility has been given a target to import 3,500,000 tons of steam coal in 2014-15.

The following chart provides the monthly break-up of coal imports by MAHAGENCO in 2014-15, 2013-14 and 2012-13 (provisional and in ‘000 tons):