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Coal import by power sector rose to 39 MT in Apr-Oct FY23: Centre to LS

Business Standard LogoBusiness Standard1 mo ago

Coal import by power sector rose to 39 MT in Apr-Oct FY23: Centre to LS - Business Standard

Quick Summary:

Import of coal by the power sector has increased in ongoing financial year and the sector imported 38.84 million tonne (MT) of the dry fuel in April-October period, Parliament was informed on Wednesday."...import of coal by the power sector increased during current financial year of 2022-23.

As against the total import of 27 MT by power sector in entire year of 2021-22, the import of coal by power sector in first 7 months increased to 38.84 MT," Coal Minister Pralhad Joshi said in a written reply to Lok Sabha.

As per the current import policy, coal is kept under open general licence and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty.


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Article Details

Author / Journalist: Press Trust of India

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-07 @ 14:24:00 (1 months ago)

News Timezone: GMT +5:00

Ranking: #2459 (out of 13664 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 2214678

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 99 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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