Low-grade imports raise India's coal emissions
COAL & MINING

Low-grade imports raise India's coal emissions

India's yearly coal emissions were projected to reach new heights in 2023. This was due to the power sector having released record amounts of carbon dioxide in the first half of the year. Additionally, there was an increase in the import of low-quality and highly polluting coal on the global market.

In the initial six months of 2023, Indian power producers emitted more than 500 million tonnes of CO2 through the combustion of coal. This marked a 4% increase compared to the same timeframe in 2022, during which a new annual record for coal power emissions had been established.

The power utilities in India use a combination of domestically-sourced low-grade coal and imports to fuel their power plants. The importation of coal serves as an early indicator of the potential emissions from major coastal power facilities, some of which are the largest in the nation.

Approximately 80% of India's thermal coal imports during the first half of 2023 originated from countries such as Indonesia, South Africa, and Russia. These nations are known for primarily exporting thermal coal of inferior quality, which emits both CO2 and sulphur dioxide upon combustion in power plants. Furthermore, around 7% of India's thermal coal imports came from Australia.

Australia is known for supplying coal that burns more cleanly compared to that of other global markets.

However, there appears to be a future decline in the availability of Australian coal due to China, the leading global coal importer, having resumed coal trade with Australia following an improvement in bilateral relations.

Consequently, the reduced access to Australian coal on the global market is anticipated to result in higher Australian coal prices compared to competing grades. This shift is likely to direct buyers who are sensitive to costs towards suppliers that offer coal of lower quality and at a more affordable price.

Also read: 
Bahrain Steel partners with Essar Group for Green Steel Initiative
CM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth


India's yearly coal emissions were projected to reach new heights in 2023. This was due to the power sector having released record amounts of carbon dioxide in the first half of the year. Additionally, there was an increase in the import of low-quality and highly polluting coal on the global market. In the initial six months of 2023, Indian power producers emitted more than 500 million tonnes of CO2 through the combustion of coal. This marked a 4% increase compared to the same timeframe in 2022, during which a new annual record for coal power emissions had been established. The power utilities in India use a combination of domestically-sourced low-grade coal and imports to fuel their power plants. The importation of coal serves as an early indicator of the potential emissions from major coastal power facilities, some of which are the largest in the nation. Approximately 80% of India's thermal coal imports during the first half of 2023 originated from countries such as Indonesia, South Africa, and Russia. These nations are known for primarily exporting thermal coal of inferior quality, which emits both CO2 and sulphur dioxide upon combustion in power plants. Furthermore, around 7% of India's thermal coal imports came from Australia. Australia is known for supplying coal that burns more cleanly compared to that of other global markets. However, there appears to be a future decline in the availability of Australian coal due to China, the leading global coal importer, having resumed coal trade with Australia following an improvement in bilateral relations. Consequently, the reduced access to Australian coal on the global market is anticipated to result in higher Australian coal prices compared to competing grades. This shift is likely to direct buyers who are sensitive to costs towards suppliers that offer coal of lower quality and at a more affordable price. Also read:  Bahrain Steel partners with Essar Group for Green Steel InitiativeCM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth

Next Story
Infrastructure Energy

Digital Economy, Renewable Energy to Boost Job Creation: Economic Survey

The Economic Survey 2024-25, presented by Union Finance Minister Nirmala Sitharaman, indicates substantial improvement in India’s labour market, driven by strong post-pandemic recovery and formalisation of the workforce. Key findings include a significant drop in the unemployment rate from 6 per cent in 2017-18 to 3.2 per cent in 2023-24. Additionally, there has been notable growth in female labour force participation, which increased from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24.Other highlights include:Over 30.51 crore unorganised workers registered on the eShram portal, suppor..

Next Story
Real Estate

Aditya Birla Housing Finance Secures Rs 8.3 Billion from IFC

Aditya Birla Housing Finance Ltd. (ABHFL), a subsidiary of Aditya Birla Capital, has raised Rs 8.3 billion through non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The company stated that the funds will be used to provide housing loans to low- and middle-income groups (LIG and MIG), with a special focus on promoting homeownership among women. Additionally, a portion of the investment will support MSMEs, particularly women-led enterprises, to drive economic growth. The initiative aims to strengthen financial inclusion and uplift underserved communities in the ..

Next Story
Infrastructure Energy

Bihar to Bid Out 2,400 MW Power Plant by March

The Bihar government plans to auction the proposed 2,400 MW coal-based power plant at Pirpainti by March 2025. Part of the state's FY25 budget initiatives, the project is valued at Rs 214 billion, covering multiple power sector developments. Coal for the plant is expected to come from Eastern Coalfields, with fuel and location already determined to streamline the bidding process. Discussions are underway to finalise coal supply under the SHAKTI scheme, with a resolution expected by February. The Central government has also pledged support for fast-tracking environmental clearances to facilit..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000