India Aims to Slash Power Sector Coal Imports by 30% This Year

• India, the world's second-largest thermal coal importer, targets a 30% reduction in power plant coal imports.
• The government plans to cut imports by at least 15 million tons from the nearly 50 million tons used in 2025.
• New Delhi seeks to replace 20-30% of imported coal with domestic supply, leveraging increased local production.
• Despite challenges like boiler recalibration costs, the government assures high-quality domestic coal supplies.
• Coal India, facing 90 million tons in inventory, has opened exports to Bangladesh, Bhutan, and Sri Lanka.