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Pace of coal import growth declines from over 21 pc to below 2.5 pc in last decade: Govt
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coal import from 2014-15 to 2023-24 stood at 2.49 per cent only, the coal ministry said in a statement.
«Moreover, CAGR of imported coal share stood at 13.94 per cent during the period from fiscal year 2004-05 to 2013-14 while the same figure plummeted to around -2.29 per cent» during the last decade, it said.
With strategic focus on optimising indigenous coal resources and leveraging innovative technological solutions, India continues its journey towards self-reliance in energy security of the nation, the statement said.
India, endowed with the fifth-largest coal reserves globally, stands as the second-largest consumer of dry fuel, it added.
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