Govt plans to bring country's 'avoidable coal imports' to zero by 2023-24

Coal import dips 20% to 19 MT in May

The country's coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.

The government is planning to bring the country's 'avoidable coal imports' to zero by 2023-24.

Demand for coal import is expected to remain subdued in the short-term given the high coal stock levels in pithead and power plants, according to mjunction.

The coal import in May last year stood at 23.57 MT, it said. mjunction -- a joint venture between Tata Steel and SAIL -- is a B2B e-commerce company that also publishes research reports on coal and steel verticals.