Thermal coal import likely to cross 200 million tonne in 2019-20: Icra

The country’s overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra.

“Thermal coal imports expected to cross 200 MT in FY2020,” Icra said in a statement on Monday.

Coal India Ltd’s (CIL) production might fall short of its 2019-20 target of 660 million tonne (MT) by around 55-75 MT, Icra .

CIL registered a year-on-year (y-o-y) decline of 23.5 per cent in production in September, as operations were impacted by labour issues and flooding of key mines due to heavy rains.