During the event, the Ministry will execute Coal Mine Development and Production Agreements (CMDPAs) and Coal Block Development and Production Agreements (CBDPAs) for nine coal mines.
The Ministry of Coal has invited comments/feedback from the public as part of the public consultation exercise on the draft amendments proposed in the Coal Bearing Areas (Acquisition and Development) Amendment Bill, 2024.
The Ministry of Coal has achieved a notable upswing in overall coal production during October 2024, reaching 84.45 million tonnes (MT). The production surpassed the 78.57 MT of the corresponding month last year, registering an increase of 7.48 per cent.
Ministry of Coal had launched the 10th round of auctions on June 21, 2024, and offered 67 coal mines for commercial mining.
The production of Coal India Limited (CIL) rose to 290.39 MT during the period of April to August 2024 marking a growth of 3.17% as compared to 281.46 MT during the corresponding period of last period, the Ministry of Coal said.
This first ever groundbreaking initiative aims to revolutionise the coal industry by using in-situ coal gasification to convert it into valuable gases such as methane, hydrogen, carbon monoxide, and carbon dioxide.
This proactive initiative aims to secure uninterrupted power for citizens nationwide during this peak demand period, the Ministry of Coal said.
The overall annual coal production has surged from 565.77 MT in FY 2013-14 to 893.19 MT in FY 2022-23, witnessing a massive growth of 57.87 per cent over the last ten years.
Singh said no matter how big and developed a nation is, if it is not self-reliant for energy needs, then there will be hurdles to its development.
As per estimates of the Central Electricity Authority, the peak electricity demand is expected to be 229GW during the months of April-23, when the electricity demand is highest in the country.
