<span style="color: #222222;">India has achieved significant reduction in coal import despite surge in power demand. Ministry of Coal in a statement said that imports of all grades of Non Coking Coal has come down to around 117.50 Million Ton during April to December 2021 from around 148 Million Tonnes during the corresponding months of 2020. It shows a decline of about 20.52 per cent in coal import.<br />''<br />''The Ministry added that the import of Non Coking coal, primarily used in power sector has decreased by 59.20 per cent from 52.49 Million Ton to 21.41 Million Ton upto December &nbsp;2021 in comparison to the same period of &nbsp;2020.<br />''<br />''It said, the overall import of coal has also reduced to 160.84 Million Ton in the period April to December 2021 as compared to 186.65 Million Ton during the corresponding period of Fiscal Year 2020. It indicates a &nbsp;decrease of about 13.82 per cent which has resulted in significant savings of forex reserves this year especially when the coal prices are at a high level in the international market. The Ministry added that all efforts are on to further enhance domestic coal production as availability of additional coal will aid in import-substitution of coal.</span><br />
News On AIR | March 8, 2022 5:26 PM
India achieves significant reduction in coal import despite surge in power demand