India to increase coal output to reduce dependence on imports
COAL & MINING

India to increase coal output to reduce dependence on imports

India is likely to ramp up the output of domestic coal to solidify energy security and reduce the dependence on fossil fuels imports, said Moody's Investors Service.

The government recently mandated CIL to carry out coal imports as an emergency measure to tackle the shortage of coal for India’s power utilities and store the buffer stock.

Moody's Investors Service said that large coal-importing countries including China and India will seek to increase their domestic coal production for enhancement of energy security and reduction of their reliance on coal imports. Chinese coal production has increased by 15% in March 2022.

Coal India Limited aims to increase its production by approximately 12% in the current year. The state-owned firm has a share of over 80% of India's coal output.

Moody's Investors Service further stated that the metallurgical and thermal coal prices will continue to be high. However, the supply constraints have been steady.

The copper, zinc, nickel, and aluminum prices reflect low inventories and supply risk. Supply had been tight before disruptions from the military conflict and will remain constrained. Steel and raw material prices are also reducing as panic buying is reducing.

Image Source

Also read: CIL to avail green mining options, grow underground production

India is likely to ramp up the output of domestic coal to solidify energy security and reduce the dependence on fossil fuels imports, said Moody's Investors Service. The government recently mandated CIL to carry out coal imports as an emergency measure to tackle the shortage of coal for India’s power utilities and store the buffer stock. Moody's Investors Service said that large coal-importing countries including China and India will seek to increase their domestic coal production for enhancement of energy security and reduction of their reliance on coal imports. Chinese coal production has increased by 15% in March 2022. Coal India Limited aims to increase its production by approximately 12% in the current year. The state-owned firm has a share of over 80% of India's coal output. Moody's Investors Service further stated that the metallurgical and thermal coal prices will continue to be high. However, the supply constraints have been steady. The copper, zinc, nickel, and aluminum prices reflect low inventories and supply risk. Supply had been tight before disruptions from the military conflict and will remain constrained. Steel and raw material prices are also reducing as panic buying is reducing. Image Source Also read: CIL to avail green mining options, grow underground production

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement