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This Article is From Jun 28, 2016

India's Coal Imports Fall 5% In April-May

India's annual coal imports fell by about 5 per cent in April-May to 35.85 million tonnes on increased local production, Coal Secretary Anil Swarup said in a Twitter post.

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India's Coal Imports Fall 5% In April-May
New Delhi: India's annual coal imports fell by about 5 per cent in April-May to 35.85 million tonnes on increased local production, Coal Secretary Anil Swarup said in a Twitter post.

The country imported 37.72 million tonnes in April-May 2015, he said.

The government saved Rs 4,285 crore ($631.21 million) equivalent of foreign exchange due to the lower imports in the first two months of the fiscal year to March 2017, Mr Swarup said.

($1 = Rs 67.8860)
© Thomson Reuters 2016

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