TO ACHIEVE SELF-SUFFICIENCY in production of coal and reduce the dependence on imports, the coal ministry has drawn up a strategic plan to slash imports of the fuel from over 20% now to 11% by the end of FY26, coal secretary Amrit Lal Meena told FE.
The plan will entail a big boost to Coal India's output, as also acceleration of mining activities by captive coal mines that now have the freedom to sell surplus production in open market.
"This year, our endeavour is to reduce coal imports to 19% by March 2024, and then by FY25-end, to 16%. By March 2026, the imports will have come down to 11%," the official said. This would mean that in over two years from now, imports of coal varieties that can be produced from domestic mines would be reduced to nil, he added.
Bu hikaye Financial Express Mumbai dergisinin December 29, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin December 29, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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