Indian Coal Imports Hit 15-Month High
Indian power producers increased August coal imports by 85.6 percent year on year to 5.52 million metric tons. A severe heat wave and lower hydropower generation drove electricity demand up while domestic supplies fell short.
India's power sector coal imports surged 85.6% year-on-year to 5.52 million metric tons in August, reaching a 15-month high. The increase reflects intensifying heat-wave conditions and lower domestic hydropower generation. Utilities faced rising electricity demand that drove them to costly overseas purchases.
