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New UserCIL explores export of coal to neighbouring countries
22 Nov 2016
Stateowned CIL is examining opportunities to export coal with high ash
content or high grade fossil fuel to the neighbouring nations, Parliament was informed today.
"CIL (Coal India) is exploring opportunities to export Indian coal having high ash content or high grade coal to the neighbouring countries
as the demand for such type of coal is comparatively less in the domestic market," Minister of State of Coal, Power, New and Renewable
Energy and Mines Piyush Goyal said in a reply to the Rajya Sabha.
A very small quantity of such coal is exported to these countries, he said.
Since domestic demand for thermal grade coal is picking up with depletion in stock and CIL is augmenting supply to power plants to
reduce imported coal consumption, exporting lower grade coal in the current market scenario is not contemplated, he added.
Indian noncoking thermal coal of lower calorific value with higher ash content are not comparable with quality of coal usually traded in
international market.
However, because of the cheaper price of Indian thermal coal in comparison to coal from other countries there is a demand for such coal
in the neighbouring land locked countries like Nepal and Bhutan as also Bangladesh.
Source: ET