New Delhi [India], Ministry of Coal has reported a substantial increase in coal production and dispatch during the first quarter of the financial year 2024-25, compared to the corresponding period last year.
According to official figures released by the ministry on July 3, coal production increased by 35 percent year-on-year, rising from 29.26 million tonnes (MT) in the first quarter of financial year (FY) 2024 to 39.53 MT in Q1FY25. Similarly, coal dispatch witnessed a robust growth of 34.25 percent from 34.07 MT to 45.68 MT during the same period.
The power sector emerged as a key contributor to this growth, with coal production for power generation increasing significantly by 20.5 per cent, from 25.02 MT to 30.16 MT. Non-regulated sector (NRS) production also saw a substantial increase, jumping 77 percent from 1.44 MT to 2.55 MT.
According to the statement, the production of coal mines dedicated to sale registered a significant increase of 143 percent, going from 2.80 MT to 6.81 MT.
In terms of dispatch, coal supply to the power sector grew by 23.3 per cent, reaching 35.65 MT from 28.90 MT in Q1FY24. Dispatch to the unregulated sector saw a solid rise of 43.4 percent, from 1.66 MT to 2.38 MT, while the clearance for sale of coal more than doubled, increasing by 117.67 percent from 3.51 MT to 7.64 MT.
According to the latest data on India's coal production in the month of June, India's coal production saw an increase reaching 84.63 million tonnes (MT), representing a growth of 14.49 percent. percent compared to the same period last year, when production stood at 73.92 MT. .
Acknowledging the important role played by state-owned Coal India Limited (CIL), the ministry said the company achieved coal production of 63.10 MT in June 2024, reflecting an increase of 8.87 per cent over to the previous year's figure of 57.96 MT.
Production from captive producers and other coal producers saw an even more substantial increase. In June 2024, these entities collectively produced 16.03 MT of coal, an increase of 55.49 percent from 10.31 MT recorded in June of the previous year, the ministry said.
The Ministry noted that the sharp increase in production is an indication of the increasing role of private and captive miners in supplementing coal supply in the country.
These developments in coal production and storage are aligned with the Indian government's vision of "Atma Nirbhar Bharat" (self-reliant India), the ministry said.
According to official figures released by the ministry on July 3, coal production increased by 35 percent year-on-year, rising from 29.26 million tonnes (MT) in the first quarter of financial year (FY) 2024 to 39.53 MT in Q1FY25. Similarly, coal dispatch witnessed a robust growth of 34.25 percent from 34.07 MT to 45.68 MT during the same period.
The power sector emerged as a key contributor to this growth, with coal production for power generation increasing significantly by 20.5 per cent, from 25.02 MT to 30.16 MT. Non-regulated sector (NRS) production also saw a substantial increase, jumping 77 percent from 1.44 MT to 2.55 MT.
According to the statement, the production of coal mines dedicated to sale registered a significant increase of 143 percent, going from 2.80 MT to 6.81 MT.
In terms of dispatch, coal supply to the power sector grew by 23.3 per cent, reaching 35.65 MT from 28.90 MT in Q1FY24. Dispatch to the unregulated sector saw a solid rise of 43.4 percent, from 1.66 MT to 2.38 MT, while the clearance for sale of coal more than doubled, increasing by 117.67 percent from 3.51 MT to 7.64 MT.
According to the latest data on India's coal production in the month of June, India's coal production saw an increase reaching 84.63 million tonnes (MT), representing a growth of 14.49 percent. percent compared to the same period last year, when production stood at 73.92 MT. .
Acknowledging the important role played by state-owned Coal India Limited (CIL), the ministry said the company achieved coal production of 63.10 MT in June 2024, reflecting an increase of 8.87 per cent over to the previous year's figure of 57.96 MT.
Production from captive producers and other coal producers saw an even more substantial increase. In June 2024, these entities collectively produced 16.03 MT of coal, an increase of 55.49 percent from 10.31 MT recorded in June of the previous year, the ministry said.
The Ministry noted that the sharp increase in production is an indication of the increasing role of private and captive miners in supplementing coal supply in the country.
These developments in coal production and storage are aligned with the Indian government's vision of "Atma Nirbhar Bharat" (self-reliant India), the ministry said.
