New Delhi : Coal shortages will be a thing of the past and India won’t need to import dry fuel by 2017, except to meet requirements of the power plants located near coastal area, Union Minister Piyush Goyal said.

“At next level of UDAY we are looking at complete ability to exchange coal or to swap coal, complete synergy in the in power and coal sectors so that coal is used most efficiently by the most efficient power plants at the nearest location and power is transmitted rather than coal,” said the Minister for Coal, Power and New & Renewable Energy.

Coal imports are declining and they fell for the fourth consecutive month in October by 5.1 per cent to 14.52 million tonnes (MT) over same month year ago.