Import of thermal coal to stop by 2025
COAL & MINING

Import of thermal coal to stop by 2025

Union coal minister Pralhad Joshi announced on Friday that the country will no longer import thermal coal by 2024-25. Joshi was speaking at the Mines-Mineral-Metals event 'Mincon 2022' in this city. The minister expressed concern that the country must import coal despite having an adequate domestic supply. He claimed that Prime Minister Narendra Modi told him that the import of substitute coal had to stop. Joshi stated that the government implemented major reforms in the mining sector in 2021, resulting in a sea change in less than a year and a half. According to the prime minister, mining, after agriculture and small industries, is the sector that can create jobs and grow the economy.

Also read:
Centre approves development of container terminal at Deendayal Port
In Gwalior, Amit Shah lays foundation stone of new terminal

Union coal minister Pralhad Joshi announced on Friday that the country will no longer import thermal coal by 2024-25. Joshi was speaking at the Mines-Mineral-Metals event 'Mincon 2022' in this city. The minister expressed concern that the country must import coal despite having an adequate domestic supply. He claimed that Prime Minister Narendra Modi told him that the import of substitute coal had to stop. Joshi stated that the government implemented major reforms in the mining sector in 2021, resulting in a sea change in less than a year and a half. According to the prime minister, mining, after agriculture and small industries, is the sector that can create jobs and grow the economy. Also read: Centre approves development of container terminal at Deendayal Port In Gwalior, Amit Shah lays foundation stone of new terminal

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement