Business

Coal imports slump

Coal imports slump

By REUTERS

NEW DELHI: India’s coal imports fell 27 per cent to 12.6 million tonnes in September from a year earlier as local output jumped, Coal Secretary Anil Swarup said on Monday. “With unprecedented increase in coal production by Coal India Ltd, import of coal comes down for third successive month,” Swarup tweeted. India is opening a mine a month as it races to double coal output by 2020.