InvestorQ : Why have coal imports shot up in India in June 2022?
Priyanka N made post

Why have coal imports shot up in India in June 2022?

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Neelam Naik answered.
1 month ago
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For June 2022, India’s coal imports spiked despite strong domestic coal production. In fact, India imported 25 million tonnes of thermal coal and coking coal in June; which is 33% higher on a yoy basis.

Out of the 25 million tonnes imported, coal imports were 19.6 million tonnes, while the balance 5.4 MT was accounted for by coking coal. Thermal power is still about 70% of power output in India. Russia took the top spot as coal exporter to India.

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