India Extends Coal Import Mandate Until Mid-Year

India has extended its coal import mandate until the middle of this year.

Reni Lestari

7 Mar 2024 - 15.23
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India Extends Coal Import Mandate Until Mid-Year

A number of barges carrying coal are on the Mahakam River in Samarinda, East Kalimantan, Wednesday (13/10/2021). Bloomberg/Dimas Ardian

Bisnis, JAKARTA — After previously cutting its coal import volumes, the Indian government recently backpedaled and extended its mandate for power producers to import 6 percent of their energy needs until June 2024.

Although domestic availability is sufficient, transportation constraints and higher electricity demand have prompted the extension of the import mandate.

This situation is reminiscent to last year when the Indian government asked utility companies to import 6 percent of their coal needs until March 2023 due to spikes in electricity demand and unprecedented coal demand.

As reported by Reuters on Wednesday (6/3/2024), records from India’s Ministry of Power show that despite the state-managed Coal India's production reaching record highs, contributing approximately 80 percent of domestic fuel production in India, constraints on the country's railway network necessitate imports.

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India Extends Coal Import Mandate Until Mid-Year

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