Coal imports rise to 90.51 mt in Apr-Jul
26 Sep 2024
New delhi: There is a “critical need” for coal imports, and the
country has reported a marginal rise of 0.9 per cent to 90.51 mt in the
April-July period of FY25, according to an official statement.
India,
which has the fifth-largest coal reserves in the world, is also its
second-largest consumer, driven by a rapidly growing economy, the Ministry of
Coal said on Wednesday.
Coal
production during the April-July FY25 period increased 9.56 per cent to 321.40
MT from 293.35 MT in FY24.
“However,
the current consumption landscape reveals a critical need for imports,
particularly for coking coal and high-grade thermal coal, which are not
sufficiently available within domestic reserves. This shortfall necessitates
imports to support key industries, including
According
to the ministry, coal imports during April-July period of FY25 reported a
marginal increase of 0.9 per cent, reaching 90.51 million tonnes (MT) level
compared to 89.68 MT in the previous year.
While the
non-coking coal imports increased 2 per cent, coking coal imports declined 2.6
per cent. In July alone, coal imports rose 15.9 per cent to 21.81 MT from 18.82
MT in July 2023.
The
ministry further said the imports for blending purposes have decreased 8.2 per
cent despite a 10.18 per cent year-on-year growth in coal-based power
generation from April-July 2024 compared to the same period last year.The coal
imports by the non-regulated sector saw a significant decline of 11 per cent to