India's thermal coal imports rise 2% Y/Y in April-July, govt data says
India's thermal coal imports increased by 2% in April-July to enhance power generation, according to the federal coal ministry. Overall coal imports rose by 0.9% to 90.51 million metric tons. Thermal power generation grew by 11.1%, while consumpti...
Overall coal imports, including coking coal mainly used by steel producers, rose 0.9% from a year ago to 90.51 million metric tons during the first four months of this fiscal year that began in April, said the statement.
India's thermal power generation in April-July rose by 11.1% from a year ago to 483.82 billion units.
Consumption by imported coal-based power plants during the period rose by about 75% to 17.69 million tons, the coal ministry said.
India has the world's fifth largest coal reserves but its local production lags demand as thermal power is used for over half of India's 448 gigawatt installed capacity.
The nation's coal production during April-July rose 9.6% from a year ago to 321.40 million tons.
India will raise its coal-fired power generation until 2035 to meet the country's growing need, federal power minister Manohar Lal Khattar said earlier this week.
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