Coal Imports Fell 12% During April-August Of 2021-22

Coal imports fell through the April-August interval of the present monetary yr

Country's general coal imports fell 12 per cent year-on-year to 94 million tonnes in April-August 2021, primarily on account of substantial discount in import of non-coking coal.Coal ministry stated in an announcement that on account of this fall in coal imports, not solely did it result in saving of exchequer's cash, but additionally diminished nation's dependency on imported coal, as costs of dry gas have been hovering within the worldwide market."Due to a substantial reduction of import of non-coking coal in the current year, the total import of coal has also reduced to 94.15 million tonnes in the period from April to August 2021 as compared with 107.01 million tonnes during the corresponding period of 2019-20, a decrease of about 12 per cent," the assertion stated.The import of all forms of non coking coal diminished 16.09 per cent to 70.85 million tonnes within the April-August interval of the continuing fiscal over the corresponding months of 2019-20.The nation had imported 84.44 million tonnes of all forms of non coking coal through the corresponding months of the monetary yr 2019-20, the assertion stated.The 2020-21 fiscal has not been considered as industrial manufacturing obtained severely hit because of the outbreak of the pandemic.

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