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With Coal India in record production drive, imports fell for sixth straight month in December
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  • With Coal India in record production drive, imports fell for sixth straight month in December

With Coal India in record production drive, imports fell for sixth straight month in December

FP Archives • January 6, 2016, 14:54:13 IST
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India imported 12.35 million tonnes of coal last month, a 34.3% decline from the same month a year ago

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With Coal India in record production drive, imports fell for sixth straight month in December

India’s coal imports fell for a sixth month in December, a government official said Wednesday, as the world’s third-biggest buyer of the fuel expands domestic mines to boost output and expand power generation. [caption id=“attachment_2572674” align=“alignleft” width=“380”] ![Reuters](https://images.firstpost.com/wp-content/uploads/2016/01/CoalReuters.jpg) Reuters[/caption] India shipped in 12.35 million tonnes of coal last month, a 34.3 percent decline from the same month a year ago. Imports slipped thanks to a jump in production by state-run Coal India, the world’s biggest miner of the fuel that is opening one new mine a month as the government fast-tracks environmental clearances. “Record coal production by Coal India leads to further reduction in imports,” Coal Secretary Anil Swarup tweeted. Coal India’s April-December production grew by a record 9 percent, keeping the country on course to reduce annual imports for the first time in five years. Reuters

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coal india Coal imports environmental clearances Anil Swarup
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