Significant drop in coal imports

Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte. in 2016-17. The trend of fall in import of coal has continued in 2017-18. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to a question in the Lok Sabha recently.

The Minister further stated that as per Directorate General of Commercial Intelligence & Statistics (DGCI&S), during April-June 2017-18, 52.74 Mte. (Provisional) of coal was imported as compared to 57.38 Mte. in the corresponding period of 2016-17 showing a decline of 8.1%. The fall in imports is largely on account of enhanced production by CIL, due to which the country has moved from a regime of coal scarcity to a coal surplus situation. The vendible stock of CIL has increased form 53.62 Mt. as on 01.04.2015 to 61.92 Mt. as on 01.04.2017.

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