Chennai: Despite coal production hitting a new high in the first half of FY23 and international prices remaining elevated, coal imports grew 25 per cent.
Between April and August, coal imports went up to 115.9 mllion tonnes against 92.5 mt in the same period last year, registering a 25.3 per cent growth. The increase is mainly driven by non-coking coal, which forms more than 65 per cent of India’s coal imports. Non-coking coal imports grew to 80.6 mt against 60.9 mt, as per Care Ratings data.
