Highlights 2020-21 coal demand stood at 905.88 mil mt April-November 2021 coal imports down 11.13% on year April-November coal production up 9.01% on year India aims to increase its domestic coal production to 1.2 billion mt by 2023-24 to reduce imports and bridge the demand-supply gap, according to a coal ministry statement Feb. 9, a near 75% rise from what the country produces currently. Receive daily email alerts, subscriber notes & personalize your experience. Register Now To achieve the target, the government has rolled out a number of steps including the commercial auction of coal on a revenue share mechanism and single-window clearance to boost output and rolling auction. S&P Global Platts reported Feb. 8 that the government also aims to add domestic production capacity through the approval of new projects and the expansion of those planned for the future. Earlier, state-run Coal India Ltd., or CIL, had set […]