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	<title>India&#039;s Coal Imports - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>India&#8217;s Coal Imports See Marginal Increase Amid Surge in Coal-based Power Generation</title>
		<link>https://newsmantra.in/indias-coal-imports-see-marginal-increase-amid-surge-in-coal-based-power-generation/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 25 Sep 2024 13:01:40 +0000</pubDate>
				<category><![CDATA[News Mantra: Exclusive]]></category>
		<category><![CDATA[Coal-based Power Generation]]></category>
		<category><![CDATA[India's Coal Imports]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=46661</guid>

					<description><![CDATA[<p>India, with the fifth-largest coal reserves globally, is the second-largest coal consumer, largely driven by its expanding economy. Despite these reserves, the country faces a gap in domestic coal availability, particularly for coking coal and high-grade thermal coal, essential for industries like steel, necessitating imports. During the April-July 2024 period,...</p>
<p>The post <a href="https://newsmantra.in/indias-coal-imports-see-marginal-increase-amid-surge-in-coal-based-power-generation/">India&#8217;s Coal Imports See Marginal Increase Amid Surge in Coal-based Power Generation</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>India, with the fifth-largest coal reserves globally, is the second-largest coal consumer, largely driven by its expanding economy. Despite these reserves, the country faces a gap in domestic coal availability, particularly for coking coal and high-grade thermal coal, essential for industries like steel, necessitating imports.</p>
<p>During the April-July 2024 period, coal imports rose marginally by 0.9%, reaching 90.51 million tonnes (MT) compared to 89.68 MT in the same period last year. Specifically, non-coking coal imports saw a 2% increase, while coking coal imports declined by 2.6%. In July 2024, coal imports spiked by 15.9%, amounting to 21.81 MT, compared to 18.82 MT in July 2023.</p>
<p>Despite a 10.18% increase in coal-based power generation between April and July 2024, imports for blending purposes dropped by 8.2%, reflecting India&#8217;s efforts to reduce import dependence. Coal imports for power generation increased significantly, with 17.69 MT imported for coal-based plants designed to use only imported coal, compared to 10.12 MT in the same period last year. The non-regulated sector saw an 11% drop in coal imports, decreasing from 50.53 MT to 44.97 MT.</p>
<p>Meanwhile, domestic coal production surged by 9.56% in the April-July 2024 period, reaching 321.40 MT compared to 293.35 MT in FY 2023-24. This increase highlights the government&#8217;s ongoing initiatives to boost coal production and optimize domestic resources to meet the growing demand.</p>
<p>The post <a href="https://newsmantra.in/indias-coal-imports-see-marginal-increase-amid-surge-in-coal-based-power-generation/">India&#8217;s Coal Imports See Marginal Increase Amid Surge in Coal-based Power Generation</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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