+
 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
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code