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HomeBusinessCoal Import Fell To 209 Million Tonnes As Output Grew In 2021-22

Coal Import Fell To 209 Million Tonnes As Output Grew In 2021-22

Coal imports have declined within the final two years

New Delhi:

India’s coal import declined to 209 million tonnes within the monetary 12 months ended March 2022 as towards 248 million tonnes recorded in 2019-20, as per the Government information launched on Thursday.

Coal imports, which had reached a peak of 248 million tonnes in 2019-20, declined constantly throughout the subsequent two years to 215 million tonnes in 2020-21 and additional to 209 million tonnes in 2021-22, Coal Ministry stated in a press release.

The decline in coal imports throughout 2021-22 is essentially on account of a lower in imports by the facility sector which got here down from 45 million tonnes in 2020-21 to 27 million tonnes in 2021-22, registering a decline of round 40 per cent.

At the identical time, all India coal manufacturing has elevated from 716 million tonnes in 2020-21 to 777 million tonnes in 2021-22 leading to a rise of 61 million tonnes. Therefore, regardless of a steep rise in precise demand for coal from 906 million tonnes in 2020-21 to 1,027 million tonnes in 2021-22, coal imports may very well be contained on account of elevated home dispatch from 691 million tonnes in 2020-21 to 818 million tonnes in 2021-22.

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