India's coal imports decline 29.7% to 48.84 MT in April-June of FY21

The drop in imports assumes significance in the wake of government mandating state-owned Coal India Ltd to replace at least 100 million tonne of imports with domestically-produced coal in 2020-2021

The country's coal imports registered a drop of 29.7 per cent to 48.84 million tonnes (MT) in the April-June period of the ongoing financial year, according to industry data.

India had imported 69.54 MT of coal in the April-June period of 2019-20, according to provisional compilation by mjunction.

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.

The drop in imports assumes significance in the wake of government mandating state-owned Coal India Ltd (CIL) to replace at least 100 million tonne (MT) of imports with