New Delhi: Coal import in April-September increased 1.4% year-on-year reaching 129.5 million tonnes (mt) compared to 127.8 mt in the corresponding period of the previous year.
In value terms, imported coal in the said period amounted to ₹1.4 lakh crore, a decline from ₹1.5 lakh crore during the same period last year. The reduction in value has resulted in savings of ₹13,629 crore because of a more cost-effective approach to coal procurement, the government said on Wednesday.
The ministry of coal is committed to reducing dependency on imported coal where feasible, it said, highlighting the steps taken by the government.
The ministry has facilitated higher domestic production and better logistics, among others.
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Content Source: economictimes.indiatimes.com