India’s coal policy has taken another turn for the worse, with the government imposing new regulations that may well force the country to abandon its longstanding policy of not importing coal.
The government has introduced a new requirement for imported coal to be produced locally and sourced locally.
India is the world’s second largest coal importer and is one of the few countries to not have imported coal from abroad in recent years.
The coal sector has been hit hard by the recent coal price shock and the introduction of a local import requirement will help it recover.
The move will make the industry more competitive with coal from other countries that are not as heavily dependent on imported coal.
India is one the largest coal exporters in the world, exporting nearly two million metric tonnes of coal per annum.
The demand for coal has been falling for years due to the impact of climate change and other factors, which have led to India’s dependence on imported oil and coal.
Coal imports have been rising rapidly since the financial crisis of 2008 and are forecast to increase in the coming years.
This is because the demand for oil and gas is expected to increase as countries such as China and Russia become more reliant on fossil fuels.
A government official told The Hindu that the government will also start phasing out coal imports from the country’s states and territories, including Punjab, the state that borders Bangladesh.
The official said the new rules are intended to “reduce the dependence on coal imports by states and territorial units”.
The government is also imposing new import requirements for imported products such as cement and paper.
These import requirements are part of an ambitious plan to increase the countrys reliance on coal.
The government also has a plan to import 80 million tonnes of electricity from India over the next 10 years.
India has not imported coal in the past 10 years, but the country is one by far the biggest exporter of coal.
In 2013, India imported nearly 2.9 million tonnes, which was an increase of almost 60 per cent compared to the previous year.
The coal industry in India is a huge business and India’s biggest coal producer, CII Group, is one that is dependent on coal for more than 90 per cent of its revenues.
CII is a major shareholder in the state-owned Coal India Corporation, a coal mining and power company, which has a stake in nearly 80 per cent (60 per cent in all) of coal mining companies in India.
India’s coal imports have plummeted in recent times and it is not clear if the import requirement is a sign of slowing demand or if the government is taking a cautious approach.
Coal is a relatively expensive fuel to import, and the country does not have a large coal export market.
The import requirements could be an attempt to slow the pace of demand for imported fossil fuels and reduce reliance on imported fossil fuel imports.