Coal import rises by 18% to 171 million tonnes

Written By Unknown on Jumat, 23 Mei 2014 | 23.25

Coal India (CIL) produced 462 million tonnes in the year ended March 31, 2014, against a target of 482 million tonnes. In 2012-13, CIL produced 452.5 million tonnes of coal, short of the goal of 464 million tonnes.

Coal import increased by 17.9 percent to 171 million tonnes (mt) in 2013-14 financial year amid the widening demand-supply gap in the country.

Coal import was at 145 million tonnes in 2012-13, according to a coal ministry document. The import of dry fuel rose at a time when state-run miner Coal India, which accounts for over 80 percent of the domestic production, missed its output target in the last financial year.

Coal India  (CIL) produced 462 million tonnes in the year ended March 31, 2014, against a target of 482 million tonnes. In 2012-13, CIL produced 452.5 million tonnes of coal, short of the goal of 464 million tonnes.

About 24 percent of coking coal is mostly imported from  Australia and is used in the steel sector. While 76 percent is non-coking coal imported form Indonesia and South Africa for both power an cement sector, the official document said.

As per the 12th Plan documents, coal demand-supply gap is estimated to further rise to 185 mt in 2016-17, it said. According to Central Electricity Authority (CEA), the power sector which alone imported 80.30 mt of coal in 2013-14 is likely to import 171 MT of fossil fuel by the end of 12th Plan period (2012-17), and 188 MT by 13th Plan, it said.

Coal is the mainstay of India's energy programme as 70 percent of power generation is dependent on the dry fuel.

Coal India stock price

On May 23, 2014, Coal India closed at Rs 397.55, up Rs 7.60, or 1.95 percent. The 52-week high of the share was Rs 401.00 and the 52-week low was Rs 238.35.


The company's trailing 12-month (TTM) EPS was at Rs 26.41 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 15.05. The latest book value of the company is Rs 32.48 per share. At current value, the price-to-book value of the company is 12.24.


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