India's coal production surges by 5.85 %, reaches 411.62 MT so far in FY 2024-25

admin admin | 09-14 16:20

Coal India Limited (CIL), the major player in the coal sector, has also contributed to this growth.
New Delhi [India]: The coal production in the country increased substantially during the fiscal year 2024-25, as per the Ministry of Coal.

As per the ministry data on Friday, the production reached a provisional total of 411.62 million tonnes (MT) by September 12, 2024. This marks an impressive rise from the 388.86 MT produced during the same period last year, reflecting a growth rate of 5.85%.

Despite facing adverse climatic conditions that hampered mining operations, the ministry stated that sector has shown remarkable resilience, achieving significant production milestones.

Coal India Limited (CIL), the major player in the coal sector, has also contributed to this growth. CIL's production rose to 311 MT during the fiscal year 2024-25, compared to 302.53 MT in the corresponding period of the previous year, recording a growth rate of 2.80%.

The ministry said, "This marks a significant increase from the 388.86 MT produced during the same period last year, reflecting a commendable growth rate of 5.85%, despite adverse climatic conditions that challenged mining operations."

In addition to the rise in production, the ministry noted that coal dispatch has also seen significant improvement. As per the data, during the fiscal year 2024-25, up to September 12th, coal dispatch reached 442.24 MT, reflecting a growth of 4.97% from the 421.29 MT dispatched during the same period last year.

According to the ministry, this upward trend is particularly evident in the coal supplied to power plants, which saw a 4.03% increase, amounting to 362.65 MT. It highlights the coal sector's critical role in meeting India's growing energy demands and its commitment to ensuring an uninterrupted power supply.

As of September 12, 2024, coal stock held by coal companies surged to 76.49 MT, reflecting a remarkable 49.07% growth compared to last year. Similarly, domestic coal-based thermal power plants reported a coal stock of 36.58 MT, representing a growth of 43.68%.

The ministry added, "These statistics vividly illustrate the resilience and dedication of the coal sector in driving the country's energy security forward.".

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Hyundai Motor India lists with record IPO, commits to Indian market with new tech and EV plans

As part of its effort to introduce clean mobility solutions for Indian buyers, Hyundai will launch f...

auto | 6 hours ago

Skoda Auto Volkswagen India plants over 7 lakh trees in Maharashtra for ecological restoration

Additionally, SAVWIPL has installed 18.5 MWp of rooftop solar power at its Chakan facility, which of...

auto | 6 hours ago

Mega Corporation launches Lendingo to enhance EV financing solutions

Mega Corporation on Monday announced the launch of a new division, Lendingo. Mega Corporation on Mon...

auto | 6 hours ago

GreenLine accelerates decarbonisation efforts with 1,000 LNG trucks by March 2025

The government in a recent draft policy proposed to convert a third of long-haul trucks into LNG pow...

auto | 6 hours ago

Remsons Industries acquires 51% stake in BEE Lighting to enhance automotive lighting solutions

Established in 2006, BEE Lighting specialises in automotive headlamps, rear lamps, and various exter...

auto | 6 hours ago

EV Recharge partners with ZEVO for mobile EV charging solutions

EV Recharge’s technology can charge vehicles from 0% to 80% in just 20 minutes, a significant improv...

auto | 6 hours ago