Coal Imports Seen Easing After November Surge

07 Jan 2026 CW Team

India’s coal imports, which rose sharply by 28.1 per cent in November, are expected to decline in the coming months as domestic availability improves, according to industry data.

Coal imports increased to 25.07 million tonnes in November, compared with 19.57 million tonnes in the same month last year, data compiled by mjunction services ltd showed. The platform is a joint venture between SAIL and Tata Steel.

According to mjunction, the increase was largely driven by winter restocking by steel producers, along with fresh buying triggered by weak seaborne coal prices. However, imports are expected to moderate in the coming months as domestic supplies improve.

Of the total coal imported in November, non-coking coal accounted for 14.28 million tonnes, up from 12.32 million tonnes a year earlier. Coking coal imports stood at 6.51 million tonnes, compared with 4.25 million tonnes in the same month of the previous financial year.

Coal imports during the April–November period of the current financial year also rose to 186.16 million tonnes, compared with 182.02 million tonnes in the corresponding period last year.

Despite government efforts to boost domestic output and reduce import dependence, production by Coal India Ltd declined by 3.7 per cent to 453.5 million tonnes during April–November of the current financial year. The company had produced 471 million tonnes in the same period last year.

Coal India, which contributes more than 80 per cent of India’s domestic coal output, has set a production target of 875 million tonnes and an offtake target of 900 million tonnes for the 2025–26 financial year. In 2024–25, the miner produced 781.1 million tonnes, nearly 7 per cent below its target of 838 million tonnes.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..