Companies Coal India Ltd FollowSINGAPORE/NEW DELHI, Jan 17 (Reuters) - India's power utilities will likely boost coal imports this year to cope with surges in demand, made worse over the past year by extreme temperatures, and with freight bottlenecks that are disrupting domestic coal supplies, analysts and officials said.
Coal imports by Indian utilities more than doubled to 42 million tonnes during the first eight months of this fiscal year from April, compared with the year-ago period, despite an 11.9% increase in domestic coal supplies to utilities.
Reuters GraphicsExtreme weather conditions have put an additional strain on power supplies.
Disruptions to coal supply lines due to rail car shortages have compounded the problem, limiting the effectiveness of increased domestic coal production.
Reuters GraphicsTrains made available by the Indian Railways to Coal India (COAL.NS), which produces 80% of India's coal, have fallen short of monthly targets for at least 21 months, government data shows.