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
PMGSY Bihar rural road connectivity
Bihar Transfers 4 IAS Officers; Gopal Meena Named Governor’s Secretary, Chongthu Shifted
PM Narendra Modi
Census 2027 Goes Digital, PM Modi Urges Citizens to Participate in ‘Nation-Building Exercise’
Sadhna Saptah 2026
PM Modi Highlights Northeast’s Bamboo Revolution as Catalyst for Innovation and Employment
WhatsApp Image 2026-04-26 at 12.45
CAIT Raises Concerns Over Retailers vs E-Commerce Companies Amid India’s $250 Billion Market Projection
images (3) (1)
‘Skills Matter More Than Degrees Today,’ Says IAS Rahul Jain at Ratlam Student Guidance Session
Delhi High Court Open Prisons Case
Delhi High Court Directs DoPT to Decide Corruption Complaint Against Retired IAS Officer Rajat Kumar in 3 Months
Shiromani_Gurdwara_Parbandhak_Committee_Official_Logo (1)
SGPC to Honour Sikh UPSC Achievers With Rs. 1 Lakh Award, Announces Advocate Harjinder Singh Dhami
venkateshwar (1)
Ex-IPS Officer A.B. Venkateswara Rao Sends Rs. 1 Crore Legal Notices to Retired, Serving IPS Officers and Andhra Pradesh Govt
ADVERTISEMENT
ADVERTISEMENT
Videos
Pawan Sareen
Truth Behind India’s LPG Supply Strain Amid Rising Demand and Global Uncertainty 
IAS Saurabh Katiyar
IAS Saurabh Katiyar’s Model of Good Governance: Compassion, Efficiency, and Real Impact
IAS Saurabh Katiyar
How IAS Saurabh Katiyar is Making Government Offices Citizen-Friendly in Mumbai | Video Interview 
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2026-04-25 at 7.02
Born Without a Forearm, Kerala’s Daughter Secures AIR 167 in UPSC CSE 2025
Born without a forearm, Kerala’s Kajal Raju improved from AIR 910 to AIR 167 in UPSC CSE 2025 after four...
WhatsApp Image 2026-04-24 at 3.47
How Manoj Ramchandra Patil Became His Village’s First Civil Servant
Hailing from drought-hit Jalihal village in Maharashtra, Manoj Ramchandra Patil secured AIR 493 in UPSC...
ankit sakni1
Ankit Sakni Becomes Bijapur’s First Civil Services Success Story
Ankit Sakni from Bhairamgarh, Bijapur, secured AIR 816 in UPSC CSE 2025, becoming the district’s first...
CSR NEWS
ews
DVK Foundation Launches Scholarship Programme for EWS Students at BGIS Vrindavan
BGIS Vrindavan Partners with DVK Foundation for EWS Student Scholarships
ECIL
ECIL Completes CSR Project by Handing Over Retaining Wall at Rastriya Vidya Kendra, Telangana
ECIL Enhances Student Safety and School Infrastructure in Medchal-Malkajgiri District Through Corporate...
ntpc
NTPC WR-I Launches ₹7.64 Crore CSR Project to Renovate IPD Blocks at N.M. Wadia Hospital, Solapur
Renovation of Buildings A, B, and Annex to Strengthen Healthcare Infrastructure, Improve Patient Care,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Aishwarya Srivastava
Beyond POCSO: The Legal Vacuum in Protecting Young Women from AI-Driven Exploitation
PMGSY Bihar rural road connectivity
Bihar Transfers 4 IAS Officers; Gopal Meena Named Governor’s Secretary, Chongthu Shifted
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Pawan Sareen
IAS Saurabh Katiyar
IAS Saurabh Katiyar
ADVERTISEMENT
ADVERTISEMENT