Mumbai, March 11 -- Coal imports in India during April to December 2024 fell by 8.4%, totalling 183.42 million tonnes (MT), compared to 200.19 MT in the same period of previous fiscal year. This reduction resulted in foreign exchange savings of approximately $5.43 billion (Rs 42,315.7 crore). Notably, the Non-Regulated Sector, excluding the power sector, experienced a more significant decline, with imports dropping by 12.01% year-on-year. Although coal-based power generation grew by 3.53% from April to December 2024 compared to the previous year, imports for blending by thermal power plants sharply decreased by 29.8%. The Government of India has implemented several initiatives, including Commercial Coal Mining and Mission Coking Coal, to ...
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