NEW DELHI: India has substantially reduced the imports of Coal, including high GCV thermal coal used for industrial purposes and low GCV that goes for power generation, in the current financial year, as per the Coal Ministry.
“In the first five months of the Financial Year 2021-22 i.e. up to August 2021(Firm import data is available up to August,21), the import of all varieties of Non-Coking Coal has reduced to 70.85 MT from 84.44 MT during the corresponding months of the financial year 2019-20 representing a decline of about 16.09 per cent. The financial year 2020- 21 is not being taken for comparison purposes due to industrial production getting severely affected during this year because of Covid-19 related restrictions where the decline observed is 21 per cent,” reads the official statement.
