India could export up to 15 million tonnes of coal to Nepal, Bangladesh, and other neighbors, boosting energy security and economic growth.
India has the potential to export 15 million tonnes of coal to neighboring countries such as Nepal and Bangladesh, according to a study conducted by IIM Ahmedabad. The coal ministry stated that by promoting exports, increasing domestic production, and facilitating import substitution, India aims to achieve self-reliance, strengthen energy security, and support the growth of the coal sector.
The study suggests that India could export 8 million tonnes (MT) of coal to Bangladesh, 3 MT to Myanmar, 2 MT to Nepal, and 2 MT to other countries. The coal ministry emphasised that increased production and export of coal would lead to economic growth, job creation, and revenue generation for the government.
The government is actively promoting coal exports to capitalise on the growing global demand for fossil fuels. This initiative aims to position India as a key player in the international coal market, generating revenue and creating employment opportunities in the sector.