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India's coal imports have been almost stable at 20.13 million tonnes. The country's coal imports were 20.15 million tonnes in the same period of a year ago. In December, the import of coal has come down from 2.33 million tonnes to 1.92 million tonnes in the same month of the last financial year.
New Delhi. India's coal imports have been almost stable at 20.13 million tonnes in the first nine months (April-December) of the current financial year. This information has been received from the data collected by the leading name 'MJNANT' services in the e-auction area. The country's coal imports were 20.15 million tonnes in the same period of a year ago. In December, the import of coal has come down from 2.33 million tonnes to 1.92 million tonnes in the same month of the last financial year. During April-December, 2024, non-cooking coal imports stood at 12.88 million tonnes.
Which was 13.34 million tonnes during the same period of the last financial year. During April-December, the import of cooking coal was 4.06 million tonnes, which was 4.28 million tonnes in the same period of the previous financial year. Vinay Verma, Managing Director and Chief Executive Officer (CEO) of MJANT, said, “The amount of imports in the domestic market has declined due to high stock status and less expected demand.” There is no hope of change in the landscape of demand in the coming weeks. ''
Coal and Mines Minister Kishan Reddy recently said that the government is focused on reducing coal imports and increasing domestic production. The coal sector remains the foundation of the country's energy security, which plays an important role in the industrial and economic growth of the country. Globally, the fifth largest geological coal reserves and coal as the second largest consumer remain an indispensable energy source. Coal contributes 55 percent to the national energy mixture.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.
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