Daijiworld Media Network- New Delhi

New Delhi, May 14: In a noteworthy development on the energy front, India has recorded a significant 9.2% drop in coal imports during the April 2024 to February 2025 period, with total imports standing at 220.3 million tonnes (MT) — a notable decline from 242.6 MT in the same period last fiscal.

According to the Ministry of Coal, this reduction has led to foreign exchange savings of approximately USD 6.93 billion (Rs 53,137.82 crore), marking a major leap toward energy self-reliance and fiscal prudence.

The decline was most prominent in the Non-Regulated Sector, where coal imports fell by 15.3% year-on-year. Interestingly, despite a 2.87% rise in coal-based power generation during this period, the imports for blending by thermal power plants saw a steep fall of nearly 39%, underscoring the government’s resolute push to limit dependence on imported coal.

A series of initiatives, including Commercial Coal Mining and Mission Coking Coal, have been instrumental in boosting domestic coal production. These efforts translated into a 5.45% increase in coal output in FY25 (up to February), compared to the corresponding period of FY24.

Coal remains the cornerstone of India’s energy infrastructure, powering crucial sectors such as electricity, steel, and cement. However, the country continues to face challenges in meeting domestic demand, especially for high-grade thermal and coking coal — segments where imports have traditionally played a key role.

The Ministry emphasized that it is pursuing strategic measures to bolster domestic coal production and secure supply chains, aligning with the broader national vision of a “Viksit Bharat” — a developed, self-reliant India.

By focusing on sustainable domestic production, the government aims to fortify energy security while supporting long-term economic growth. The Ministry reaffirmed that this drive is not only reducing India’s import dependence but also shaping a resilient, future-ready energy framework for the nation.