India’s Surplus Coal Production: Good News and Bad News

The surplus of coal in India has sparked worries regarding a potential decrease in demand from Indonesia. However, the construction of steam power plant (PLTU) in several countries and sanctions imposed by the United States (US) on Russia have offered a positive boost for the country's coal industry.

Editorial Team

2 Mar 2024 - 16.39
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India’s Surplus Coal Production: Good News and Bad News

Coal loading and unloading activities at PT Indika Energy Tbk. Photo-indikaenergy.co.id

Bisnis, JAKARTA - The surplus of coal in India has sparked worries regarding a potential decrease in demand from Indonesia. However, the construction of PLTU in several countries and sanctions imposed by the United States (US) on Russia have offered a positive boost for the country's coal industry.

According to Reuters, thermal coal imports by India are expected to decrease for the first time since the Covid-19 pandemic. An Indian official cited a surge in domestic coal production and high stocks in the country as contributing factors to this trend.

The rise in production and supply in India can be attributed to increased production from Coal India, one of the world's largest coal mining companies.

This situation is prompting mining firms to redirect more coal sales to non-power sector users such as iron and aluminum smelters, which typically rely on imports to meet their requirements.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Emanuel Berkah Caesario
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India’s Surplus Coal Production: Good News and Bad News

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