India Looks to Boost Coal Output and Cut Imports

The world’s second-largest coal consumer, India, plans to increase its domestic coal production and reduce imports, G. Kishan Reddy, Minister of Coal and Mines, said on Thursday. Reddy, however, did not provide details about volumes, Indian media report. Earlier this year, Rajat Handa, vice president of international trade at Agarwal Coal, told Reuters that India’s coal imports “are not going to be higher than 160 million tons” in 2024. Many coal users that previously imported coal have started to switch…