Business Standard

Monday, December 23, 2024 | 07:33 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

India's coal imports set to rise as domestic output fails to match demand

Delays in land purchases, environmental awareness key challenges Coal India may encounter in increasing output

coal, jcb
Premium

Rajesh Kumar Singh | Bloomberg
India, the world’s second-largest coal importer, is set to see a rise in shipments of the fuel as domestic production lags behind demand, Benjamin Sporton, Chief Executive at the World Coal Association said.

State-run Coal India Ltd., which produces more than 80 per cent of India’s coal, is failing to meet production targets, creating a gap that will be met through imports, Sporton said in New Delhi last week.

The Kolkata-based miner has missed shipment targets every year since at least 2010. It has focused on supplies to power stations, while curtailing shipments to buyers including cement and aluminum companies. At the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in