Coal Import by Domestic Coal Based Thermal Plants and Non-regulated Sector Declines by 9.8%

According to government data, the import of coal by non-regulated sectors (NRS) and domestic coal-based thermal power plants (for blending) declined by 9.83%, dropping to 63.28 MT from April to September 2024, from 70.18 MT in the same period last year, and by 8.59%, falling to 9.79 MT from 10.71 MT, respectively.

This demonstrates an increased reliance on domestic coal supplies for these sectors. However, there has been a rise in the import of coking coal, essential for the steel industry, and coal for imported coal-based (ICB) power plants, which are not substitutable by domestic coal.

The overall coal imports during April-September 2024 increased marginally by 1.36%, reaching 129.52 million tons (MT) compared to 127.78 MT in the corresponding period of the previous year.

Read Also : Defense Stock BHEL, Outperforms with 3.17% Gain, orderbook stood at Rs 1,60,429 crore

In terms of value, overall imported coal during April-September 2024-25 stands at Rs. 1,38,763.50 Crore, a decrease from Rs. 1,52,392.23 crore during the same period last year. This reduction has resulted in huge savings of Rs. 13,628.73 Crore demonstrating a more cost-effective approach to coal procurement.

Read Also : BEML wins BH60 Rear Dump Trucks worth of Rs 247 crore