Coal Imports During FY 2024-25 Drops by 7.9 % Compared to FY 2023-24

India's coal imports significantly dropped by 7.9% in FY 2024-25, leading to substantial foreign exchange savings of $7.93 billion.

This decline, despite growth in coal-based power generation, is attributed to a 5% increase in domestic coal output and government initiatives like Commercial Coal Mining and Mission Coking Coal, aimed at boosting self-sufficiency.