India’s coal production posts 5.3 per cent growth to 97.94 million tonnes in Dec 2024
Captive and other mines produced 18.95 MT, reflecting a significant growth of 29.61 per cent compared to 14.62 MT in the corresponding period of the last year.
Captive and other mines produced 18.95 MT, reflecting a significant growth of 29.61 per cent compared to 14.62 MT in the corresponding period of the last year.
India recorded its highest ever coal production of 997.826 million tonnes (MT) in the financial year 2023-24 which represents an 11.71 per cent increase in comparison to the corresponding figure of 893.191 MT in the year 2022-23, according to the year-end review of the Coal Ministry.
In November, the Coal Ministry achieved a remarkable milestone with overall coal production reaching 90.62 million tonnes (MT) (Provisional), marking a 7.20 per cent growth YoY.
Vikram Dev Dutt assumed charge as the secretary of the Ministry of Coal on Monday.
The comprehensive review focused on highlighting the government's commitment to enhancing domestic coal production, the Ministry of Coal said in a statement on Thursday.
This surpasses the figures of 90.42 MT of the corresponding month during the previous year, representing an increase of 10.30 per cent.
It has also recommended that tender clauses should promote the use of indigenous equipment to support the “Make in India” mission.
As many as 67 first mile connectivity (FMC) - for transportation of coal from pitheads to dispatch points - projects have been taken by the Coal Ministry, and are expected to be completed by 2027, official sources have said.
Coal Ministry will hold an interactive session with allottees of dry fuel reserves on April 12, which would be aimed at ensuring continuous supply to various stakeholders, especially for the power sector.
After the successful auction of 64 coal mines in the first five tranches, the Ministry of Coal had launched the process for the auction of 133 coal mines under 6th round of commercial auctions of which 71 coal mines are new coal mines and 62 coal mines are rolling over from earlier tranches of commercial auctions held in November 2022.