Overview
- Coal imports fell 7.9% to 243.62 MT in FY2024-25, down from 264.53 MT the previous year.
- This reduction saved India $7.93 billion (₹60,681.67 crore) in foreign exchange.
- Strategic measures such as Commercial Coal Mining and Mission Coking Coal have driven a 5% rise in domestic production to 1,047 MT.
- Coal-based power generation grew 3.04% while blending imports for thermal plants plunged 41.4% year-on-year.
- India’s first coal trading exchange is scheduled to launch soon and aims to facilitate seamless trading and transparent price discovery.