New Delhi, 14th May 2023: According to research from the e-commerce platform mjunction, domestic coal imports increased by 30% to 162.46 million tonnes in 2022–23 from 124.99 million tonnes during the same time the previous year.
According to the research, imports of coking coal increased by 5.44 percent to 54.46 million tonnes in 2022–23 from 51.65 million tonnes in 2021–22.
The article continued by stating that imports of non-coking coal totaled 13.88 million tonnes in March as opposed to 12.61 million tonnes during the same month last year. However, compared to 4.76 million tonnes in March 2022, coking coal imports fell to 3.96 million tonnes in March 2023.
India is one of the top five coal-producing nations in the world, but it also needs imports because of its greater dry fuel consumption.
mjunction is an e-commerce platform, a 50:50 joint venture between the Steel Authority of India (SAIL) and Tata Steel.