Coking coal import cannot be substituted fully, says CIL MD Prasad

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Speaking during stakeholders' consultation on mining operators-cum-developers (MDO) and Star Rating of Coal Mines Award Ceremony, the CMD said coking coal import cannot be substituted fully, but some part of it can be reduced.

CIL Chairman and Managing Director P M Prasad on Monday said coking coal import cannot be substituted fully, but some part of it can be reduced.

As per the data compiled by mjunction services ltd, India's coal import in 2023-24 was 268.24 MT, which includes 57.22 MT coking coal and 175.96 MT non-coking coal.

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Category: BusinessFinance

Markets: India

Topics: Coal industry Coal sector Coking coal Coal import

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 18:44:58 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23154805

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