Coal India Ltd Plans 10-Year Strategy to Cut 243 MT Coal Imports
CIL plans 10-year roadmap to slash 243 MT coal imports
News 18
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Coal India Ltd (CIL) is developing a 10-year roadmap aimed at reducing coal imports by 243 million tonnes (MT) through enhanced domestic production and improved logistics. This initiative aligns with India's energy security goals and aims to save billions in foreign exchange.
- 01CIL plans to reduce coal imports by 243 MT over the next decade.
- 02The roadmap includes a forensic audit of imports and sector-specific policies.
- 03CIL aims to increase coal production from 768.1 MT to 1 billion tonnes by 2028-29.
- 04The initiative supports India's energy security and green transition goals.
- 05Industry experts believe this move will strengthen CIL's role in the energy sector.
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Coal India Ltd (CIL) is set to implement a 10-year roadmap aimed at slashing coal imports by 243 million tonnes (MT). This initiative will focus on ramping up domestic coal production, enhancing coal quality through beneficiation, and achieving logistical cost parity. The roadmap will include a detailed forensic audit of current imports and develop sector-specific policies to support local supply. CIL, which produces over 80% of India's domestic coal, plans to increase its output from 768.1 million tonnes in FY26 to 1 billion tonnes by 2028-29. This strategy is crucial for enhancing energy security, reducing foreign exchange outflows, and aligning with the national coal gasification mission. Experts view this as a timely move to bolster CIL's position in India's energy landscape, potentially saving billions in import costs and fostering a robust domestic mining ecosystem.
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This initiative is expected to enhance India's energy security and reduce reliance on foreign coal, potentially saving billions in import costs.
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