India September Coal Imports Dropped 6.3%, Interocean Data Show

Coal imports by India’s power, cement and steel companies fell 6.3 percent in September, the second consecutive monthly drop, according to data from the Interocean Group of Companies.

Adani Enterprises Ltd. (ADE), Bhatia International Ltd., JSW Energy Ltd. (JSW) and other companies imported 9.27 million metric tons of steam and coking coal last month via 28 Indian ports, Interocean, a New Delhi-based ship broker, said in a document obtained by Bloomberg News. That’s down from 9.9 million tons received in August.

Mundra, a port on the west coast, where the Adani group imports most of its coal, received the highest shipments totaling 1.9 million tons. The eastern ports of Paradip, Krishnapatnam and Gangavaram received 927,213 tons, 723,422 tons and 624,837 tons of the commodity, respectively, Interocean data showed. Visakhapatnam, also in the east, received 615,225 tons.

Most imports came from Indonesia, Australia and South Africa, according to the document.

To contact the reporter on this story: Archana Chaudhary in Mumbai at achaudhary2@bloomberg.net

To contact the editor responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net

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