India ships 1.16 million tonne of coal to neighbours in FY23
POWER & RENEWABLE ENERGY

India ships 1.16 million tonne of coal to neighbours in FY23

According to the coal ministry, India has exported 1.163 million tonne of coal in the fiscal year 2022-23 to neighbouring countries such as Nepal, Bangladesh, and Bhutan. The majority of the coal, amounting to 0.833 million tonne, was sent to Nepal. Bangladesh received 0.245 million tonne, Bhutan received 0.053 million tonne, and others received 0.032 million tonne, as per the latest Provisional Coal Statistics for FY23.

The ministry stated that despite a shortage of coal in India compared to its demand, leading to the need for coal imports, India managed to export a certain quantity of coal to neighbouring countries during 2022-23.

In a statement, the coal ministry emphasised that coal remains the primary source of commercial energy in India, constituting half of the country's energy consumption. It continues to be the dominant fuel for power generation due to its reliability in comparison to other renewable energy sources.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

According to the coal ministry, India has exported 1.163 million tonne of coal in the fiscal year 2022-23 to neighbouring countries such as Nepal, Bangladesh, and Bhutan. The majority of the coal, amounting to 0.833 million tonne, was sent to Nepal. Bangladesh received 0.245 million tonne, Bhutan received 0.053 million tonne, and others received 0.032 million tonne, as per the latest Provisional Coal Statistics for FY23. The ministry stated that despite a shortage of coal in India compared to its demand, leading to the need for coal imports, India managed to export a certain quantity of coal to neighbouring countries during 2022-23. In a statement, the coal ministry emphasised that coal remains the primary source of commercial energy in India, constituting half of the country's energy consumption. It continues to be the dominant fuel for power generation due to its reliability in comparison to other renewable energy sources.

Next Story
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?