 "coal sector")
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, 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 steel," it said.
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.
More From This Section
 "Piyush Goyal, Piyush")
 "Hardeep Singh Puri, Hardeep Puri")
 "Piyush Goyal")
 "Mobile device makers are raising concerns about a Department of Telecommunications (DoT) notification issued on September 17, mandating that all feature phones sold in the country support the ‘auto readout' of emergency messages in Hindi, English, an")
 "Quick commerce (Q-comm) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study. online grocery kirana")
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.
Additionally, the coal imports by the non-regulated sector saw a significant decline of 11 per cent to 44.97 MT from 50.53 MT earlier.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
 "Coal")
 "Coal")
 "Coal")
 "Coal")
 "NLC India")
