India Targets 15 MT Coal Exports to Neighbors Amid Production Surge

30 Jul 2024 CW Team

India is gearing up to export 15 million tons (MT) of coal to neighbouring countries, leveraging a significant boost in domestic coal production. This initiative is part of a broader strategy to enhance India's role in the global coal market and support regional energy needs.

The increase in production capacity is driven by recent investments in mining infrastructure and technology upgrades. This surge in output not only aims to meet domestic energy demands but also positions India as a key player in the regional coal trade. The targeted exports are expected to cater to neighbouring countries facing energy shortages and reliance on imported coal.

India's coal export plan includes shipping to countries with growing energy requirements, particularly in South Asia. This move is anticipated to strengthen economic ties and provide a stable energy supply to these nations, contributing to regional energy security.

The government's push for coal exports aligns with its broader objective of optimising resource utilisation and enhancing trade balances. By increasing coal production and expanding export opportunities, India aims to boost its economic growth and support its strategic interests in the region.

This strategic focus on coal exports highlights India's commitment to maximising the value of its natural resources while addressing the energy needs of its neighbours. As the country advances its energy sector capabilities, it continues to play a pivotal role in shaping regional energy dynamics.

Real Estate

05 Aug 2026

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..

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..

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 ..