India Coal News Today

Though China did not place an official ban on imports from Australia in 2020, the shipments had dropped to zero.

During the current fiscal year, 2023–24, India has surpassed previous years output of 937.22 million tonnes (MT) of coal and lignite by a margin of 25 days.

In the ongoing calendar year, up to December 20, 2023, the country further increased its production to approximately 932.92 MT, compared to 864.25 MT during the same period in the previous year, showing a growth of 7.95%.

"The future of coal in India is bright......we believe that there are technologies that are available which can help India extract coal far more sustainably, use it far more sustainably, combust it far more sustainably, and post combustion treatment to coal can reduce Co2 emissions by as much as 99 per cent," FutureCoal Board member Sunil Chaturvedi said.

Coal Extraction: "The future of coal in India is bright......we believe that there are technologies that are available which can help India extract coal far more sustainably, use it far more sustainably, combust it far more sustainably, and post combustion treatment to coal can reduce Co2 emissions by as much as 99 per cent," FutureCoal Board member Sunil Chaturvedi said.

However, the coal import in the April-September period of the current financial year declined to 124.53 MT from 135.68 MT in the year-ago period. During April-September period of FY24, non-coking coal import was at 77.65 MT, lower than 92.72 MT imported during the same period last financial year.

The big, global push to paint India as a climate bugbear has started taking shape. All fingers are pointing at India, criticisms are growing on New Delhi's energy policy and how it is apparently not in sync with global standards.

The power ministry has directed imported coal-based power units to run at full capacity further till October in the backdrop of electricity demand smashing records in August. Coal stock at power plants have depleted at a tad faster pace than previous months. The stocks fell to 31.8 million tonnes as of August 21 from 34.9 million tonnes on August 1.

The cumulative coal production in April-May FY24 jumped to 149.41 MT from 138.41 MT in the year-ago period.

The draft, if approved by the federal cabinet chaired by Prime Minister Narendra Modi, would make China the only major economy open to fresh requests to add significant new coal-fired capacity.