Amid call for reduced dependency, India's coal import rises 13% in April

Quick Summary:

India's coal import rose by 13.2 per cent to 26.10 million tonne (MT) in April 2024 as buyers took fresh positions amid early onset of summer.

"India's coal and coke imports in April 2024 through the major and non-major ports increased by 13.2 per cent over April 2023," the data showed.

This comes amid coal and mines minister G Kishan Reddy stating that India should increase domestic production of the fossil fuel and reduce coal imports.

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Category: BusinessFinance

Markets: India

Topics: CEO Fuels Economic geology Montana Coal mining MT. E-commerce company mjunction services Coal Business to business Vinaya Varma G Kishan Reddy Minister

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-16 @ 11:00:46 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 315 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21264957

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