India’s thermal coal imports slide 4%y-o-y in Apr-Nov’25

India’s thermal coal imports fell by 4% y-o-y to 112 million tonnes (mnt) in April-November 2025 (8MFY’26) from 117 mnt in the year-ago period, as per data maintained by BigMint. The decline can primarily be attributed to lower procurement of Indonesian non-coking coal (-10%), which is largely consumed by the power sector. The easy availability of domestic thermal coal at attractive prices has reduced the need for imports by power plants. The steady decline also aligns with the government’s drive to curtail India’s import dependency in the coal sector, as well as lift the usage of renewables.