New Delhi: India’s imports of high-quality coal declined by 3.1 per cent in the first seven months (April-October) of FY 2024-25. The coal imports declined to 149.39 million tonnes (MT), compared to 154.17 MT during the same period in the previous year.
The Non-Regulated Sector (excluding the power sector) saw a more substantial decline, with imports dropping by 8.8 per cent year-on-year.
Despite a growth of 3.87 per cent in coal-based power generation from April 2024 to October 2024 compared to the same period last year, coal imports for blending by thermal power plants saw a sharp decrease of 19.5 per cent. The increase in coal imports for the power sector, particularly from imported coal-based power plants (designed to use only imported coal), was notable, rising by 38.4 per cent to 30.04 MT, up from 21.71 MT in the previous year.
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On the production side, coal output saw a positive growth of 6.04 per cent, rising to 537.57 MT in the April-October 2024 period, up from 506.93 MT in the same period of FY 2023-24.
India has the fifth-largest coal reserves globally. However, the country faces a significant gap in meeting its coal demand for coking coal required for steel production and high-grade thermal coal for firing power plants.
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