Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

India's Thermal Coal Imports to Cross 200 Million Tonnes in FY 2020: Moody

ICRA said it expects Coal India, which has missed annual production targets over the last few years, to fall short of its 2019/20 production forecast of 660 million tonnes by up to 75 million tonnes.

Reuters

Updated:October 7, 2019, 2:42 PM IST
facebookTwitter Pocket whatsapp
India's Thermal Coal Imports to Cross 200 Million Tonnes in FY 2020: Moody
Workers walk on a heap of coal at a stockyard of an underground coal mine in the Mahanadi coal fields at Dera, near Talcher town in Odisha. Image for representation. (Photo: Reuters)

New Delhi: India's ICRA Ltd, a unit of Moody's Investors Service Co, said on Monday it expects the energy hungry nation's thermal coal imports to be more than 200 million tonnes in 2019/20, due to lower-than-expected production by state-run Coal India Ltd.

ICRA said it expects Coal India, which has missed annual production targets over the last few years, to fall short of its 2019/20 production forecast of 660 million tonnes by up to 75 million tonnes.

Coal India's output for the six months ended September 2019 has fallen 6%, mainly due to the highest rainfall in 25 years and strikes by its workers over issues ranging from mine safety to the privatisation of the company.

India's thermal coal imports rose 13.7% to 183.4 million tonnes during the year ended March 2019, according to government data.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Reliance 1,478.85 -0.52
LIC Housing Fin 379.75 -7.84
Muthoot Finance 869.00 16.39
Avenue Supermar 2,340.00 -2.55
SBI 314.10 -1.71
Top Gainers
Company Price Change %Gain
Titan Company 1,315.80 1.82
Nestle 16,550.00 1.22
TCS 2,204.45 0.95
Tata Steel 436.65 0.60
Kotak Mahindra 1,692.15 0.62
Top Losers
Company Price Change %Gain
ONGC 99.95 -3.20
Sun Pharma 409.00 -2.28
Bajaj Auto 3,081.60 -1.99
HDFC 2,351.15 -2.07
NTPC 110.60 -1.95

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results