Thursday 12 March 2015

Indian Coal Imports To Touch 265 Million Tonnes In Fy'17

Mr Piyush Goyal, Coal Minister, said that a slew of steps like removal of regulatory hurdles are underway to enhance India's coal output in a bid to curb rising imports that may touch 265 million tonnes in 2016-17.


Mr Goyal said that "In the 12th Plan projections, the gap between demand and domestic supply in 2016-17 is estimated to be in the range of 185-265 million tonne."


He said that imports touched 168.4 million tonnes in 2013-14 from 28.9 million tonnes in 2005-06.He added that "In order to minimise import deficiency, the focus of the government is on facilitating environment and forest clearances expeditiously, pursuing with state government for assistance in land acquisition and coordinated efforts with railway for movement of coal."


Source;-steelguru.com





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