India Records 9.2% Drop in Coal Imports During April 2024–February 2025

In a significant development toward India’s energy self-reliance, coal imports during the period from April 2024 to February 2025 registered a 9.2% decline compared to the same period of the previous fiscal year. Total imports fell to 220.3 million tonnes (MT) from 242.6 MT, resulting in substantial foreign exchange savings. The drop reflects India’s strategic emphasis on increasing domestic coal production, particularly under initiatives like Commercial Coal Mining and Mission Coking Coal.

Why in News?

The Ministry of Coal reported that coal imports decreased by 9.2% in the April–February period of FY 2024–25, leading to foreign exchange savings of $6.93 billion. The reduction is significant as it indicates progress in India’s mission to reduce import dependency and enhance energy security through domestic coal production initiatives.

Coal Import Reduction

  • 220.3 MT in Apr 2024–Feb 2025 vs 242.6 MT in same period of FY 2023–24.
  • Drop of 9.2% year-on-year.
  • Forex saved: $6.93 billion (₹53,137.82 crore).

Sector-wise Trends

  • Non-Regulated Sector imports fell by 15.3%.
  • Blending coal imports for thermal power dropped by 38.8%.
  • Coal-based power generation grew by 2.87%.

Production Boost

  • Domestic coal production grew by 5.45% in Apr 2024–Feb 2025 over previous year.

Initiatives Behind the Decline

Commercial Coal Mining

  • Opened the sector to private players.
  • Enhanced competitiveness and output.

Mission Coking Coal

  • Targeted to reduce imports of metallurgical coal used in steel industries.

Strategic Planning by Ministry of Coal

  • Boosting infrastructure, mine capacity, and logistics.

Background & Significance

  • India is the second-largest producer and consumer of coal globally.
  • Coal meets ~55% of India’s energy needs.

Historically, India imports high-grade thermal and coking coal, mainly due to,

  • Shortage of such grades domestically.
  • Demand from sectors like steel, cement, and power.
  • Reducing coal imports aligns with the “Atmanirbhar Bharat” and “Viksit Bharat 2047” visions.
Summary/Static Details
Why in the news? India Records 9.2% Drop in Coal Imports During April 2024–February 2025
Period of Data April 2024 to February 2025
Total Coal Imports 220.3 million tonnes (MT)
Year-on-Year Change -9.2% compared to 242.6 MT last year
Forex Savings $6.93 billion (₹53,137.82 crore)
Growth in Domestic Coal Output +5.45%
Sector with Major Import Drop Non-Regulated Sector (-15.3%) and Power Blending (-38.8%)
Key Government Initiatives Commercial Coal Mining, Mission Coking Coal
Broader Goal Energy Security, Import Reduction, Economic Sustainability

Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

Rohit Sharma’s Records and Achievements: Complete Career Stats, Awards & Captaincy Record

Rohit Sharma is one of the most successful cricketers in the history of Indian cricket.…

5 hours ago

FIFA World Cup 2026 Final: 10 Things You Need to Know Before Spain vs Argentina Showdown

As the excitement is building, the world gets ready for the FIFA World Cup 2026…

19 hours ago

FIFA World Cup Final Top Scorers List

FIFA World Cup final is the ground where football legends are born. Every single goal…

19 hours ago

FIFA World Cup 2026 Prize Money: Winners to Receive Record $50 Million as FIFA Announces Biggest-Ever Reward Pool

The 2026 FIFA World Cup has been the first World Cup to feature 48 teams,…

20 hours ago

FIFA World Cup 2026 Championship Rings: FIFA Introduces Historic New Award for World Cup Winners

There are various indicators suggest that the 2026 FIFA World Cup will be groundbreaking. Apart…

20 hours ago

Spain vs Argentina FIFA World Cup 2026 Final: Date, Time, Venue, Key Players & Match Preview

FIFA World Cup 2026 final are set and will be the most watched football game…

21 hours ago