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India imports increase 11.3% to 265 million tonnes of coal in FY24

Business Standard LogoBusiness Standard6h ago

India imports increase 11.3% to 265 million tonnes of coal in FY24 - Business Standard

Quick Summary:

This includes 59 mt of coking coal and 205 mt of non-coking coal worth Rs 1.33 trillion, union coal minister G Kishan Reddy said on Wednesday.

NLCIL imported 826,440 tonnes worth Rs 7.88 crore in 2024-25, compared to 365,896 tonnes of coal worth Rs 2.9 billion a year ago.

To increase production and reduce import dependency, the coal ministry in 2020 introduced commercial coal mine auctions.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 18:58:18 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27174450

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 314 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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