https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

How India Plans To Save Over $6.9 Billion in Foreign Exchange By Cutting Coal Imports? Know Here

This shift is driven by a series of policy measures taken by the Government of India, including Commercial Coal Mining and the Mission Coking Coal initiative, which aim to boost domestic coal output
Indian Masterminds Stories

India has made notable progress in reducing its dependence on imported coal, with coal imports dropping by 9.2% during the period from April 2024 to February 2025, amounting to 220.3 million tonnes (MT), compared to 242.6 MT in the same period of the previous fiscal year. This significant decline has resulted in foreign exchange savings of approximately $6.93 billion (Rs. 53,137.82 crore).

Also Read: India Begins Gradual Reopening of 32 Airports Amid Easing Tensions with Pakistan

A major portion of this reduction came from the Non-Regulated Sector (NRS)—which excludes power utilities—where coal imports declined by 15.3% year-on-year. Meanwhile, despite a 2.87% increase in coal-based power generation during the same period, imports for blending by thermal power plants fell sharply by 38.8%, underlining the country’s push for self-reliance in coal production.

This shift is driven by a series of policy measures taken by the Government of India, including Commercial Coal Mining and the Mission Coking Coal initiative, which aim to boost domestic coal output. As a result, coal production recorded a healthy 5.45% growth in April 2024–February 2025 compared to the same months in FY 2023–24.

Coal continues to be a cornerstone of India’s energy landscape, powering essential sectors such as electricity, steel, and cement. However, limited reserves of coking coal and high-grade thermal coal mean that imports remain necessary to meet the demands of industries like steel.

To address these challenges, the Ministry of Coal is actively working to scale up indigenous production and reduce import dependency. These measures align with the broader national vision of Viksit Bharat, focused on energy self-sufficiency and long-term economic resilience.

By prioritizing domestic output and optimizing resource utilization, India is taking firm steps toward building a sustainable, secure, and self-reliant coal sector to power its development ambitions.

Also Read: BSE and NSE Block Websites for International Users Amid Rising Tensions with Pakistan


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Satpura Tiger Reserve
Satpura Tiger Reserve Sees New Tiger Cubs; Jhalai’s First Litter Captured
Madhya Pradesh Logo IM
Hotel & Resort Operators Can Now Conduct Jungle Safaris in MP Tiger Reserves
Sanjiv Bhatt Custodial Torture Case
Gujarat High Court Rejects Sanjiv Bhatt’s First-Class Prisoner Status Plea
Yogi Adityanath
Samarth Uttar Pradesh @2047: Over 53 Lakh Citizens Share Vision for Yogi Adityanath’s Prosperity Campaign
Haryana gov resized
Haryana Government Assigns Additional Charges to Three IAS Officers
Vishnu Deo Sai CM
Record-Breaking Diwali Trade in Chhattisgarh: Rs. 16,000 Crore Boost Fuels Economic Growth and 'Vocal for Local' Movement
CM Vishnu Sai Sohrai Karma Mahotsav 2025
Chhattisgarh CM Vishnu Sai Celebrates Sohrai Karma Mahotsav 2025, Announces Major Grants and Development Projects for Rautia Community
8th pay commission
CSS Forum Urges PM Modi: Constitute 8th CPC Soon to Boost Employee Morale and Support ‘Developed India 2047’
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-23 at 10.40
Everybody Needs To Know What Is Transpiring Behind Closed Doors Of Courts
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Satpura Tiger Reserve
Satpura Tiger Reserve Sees New Tiger Cubs; Jhalai’s First Litter Captured
Madhya Pradesh Logo IM
Hotel & Resort Operators Can Now Conduct Jungle Safaris in MP Tiger Reserves
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-23 at 10.40
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
ADVERTISEMENT
ADVERTISEMENT