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In 2019, coal India's shipments fell 3.
8 percent from a year earlier to 580.
8 million tonnes, the first decline in annual shipments in at least the last six years, as demand from power producers weakened and their production was affected
by heavy rains in early 2019.
The Kolkata-based miner said on Wednesday that December shipments rose 1.
9 percent from a year earlier to 53.
63 million mt
on a monthly basis.
Production rose 7.
2% to 58.
02 million tonnes.
Coal India is the world's largest coal producer
.
India's coal power generation is expected to shrink
for the first time in at least 14 years in 2019.
This decline reflects a global trend as countries adopt cleaner forms of energy to reduce emissions and reduce air pollution
.
A further reduction in coal consumption in India is a slowdown in industrial growth, leading to four consecutive months of falling electricity consumption
.
Prolonged rainfall has also pushed up the output of hydroelectric dams, while suppressing demand for air conditioning and irrigation
.
Overall, coal power accounts for nearly 70% of India's
electricity mix.
India's coal production fell to a record low
in September due to heavy monsoon rains that flooded some of India's largest mines.
In 2019, coal India's shipments fell 3.
8 percent from a year earlier to 580.
8 million tonnes, the first decline in annual shipments in at least the last six years, as demand from power producers weakened and their production was affected
by heavy rains in early 2019.
The Kolkata-based miner said on Wednesday that December shipments rose 1.
9 percent from a year earlier to 53.
63 million mt
on a monthly basis.
Production rose 7.
2% to 58.
02 million tonnes.
Coal India is the world's largest coal producer
.
India's coal power generation is expected to shrink
for the first time in at least 14 years in 2019.
This decline reflects a global trend as countries adopt cleaner forms of energy to reduce emissions and reduce air pollution
.
A further reduction in coal consumption in India is a slowdown in industrial growth, leading to four consecutive months of falling electricity consumption
.
Prolonged rainfall has also pushed up the output of hydroelectric dams, while suppressing demand for air conditioning and irrigation
.
Overall, coal power accounts for nearly 70% of India's
electricity mix.
India's coal production fell to a record low
in September due to heavy monsoon rains that flooded some of India's largest mines.
