Friday , November 15 2024

Coal production from captive and commercial mines crosses 100 MT

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New Delhi, 09 November (HS). Coal production from captive and commercial coal mines of the country to reach 100.08 metric tonnes (MT) by November 8, 2024. This is an increase of 33 percent in coal production on annual basis. According to the latest data of the ministry, the share of captive and commercial coal production in the country's total coal production has increased.

In a statement issued on Saturday, the Coal Ministry said the country's coal production from captive and commercial coal mines has crossed 100 metric tonnes (MT), a step towards the nation's journey towards Prime Minister Narendra Modi's vision of a developed and self-reliant India. An important milestone. This feat has been achieved approximately 100 days earlier than the previous financial year 2023-24, which was achieved in January 2024.

According to the ministry, the production from captive and commercial coal mines during the period from April 1 to November 8, 2024 is 100.08 metric tons, while the total coal production during the same period in the financial year 2023-24 was 75.05 metric tons, which is – There is an increase of 33 percent year-on-year. Similarly, the total dispatch from captive and commercial coal mines during the period from April 1 to November 8, 2024 is 107.81 MT, while the total dispatch during the same period in the financial year 2023-24 was 80.23 MT.

According to the Coal Ministry, significantly, the share of captive and commercial coal mines in India's total coal production is continuously increasing, which reflects the success of the reforms in the coal sector. It strengthens the nation's path towards self-reliance in energy resources. In view of this, the Coal Ministry is optimistic about reaching the production target of more than 170 MT from captive and commercial coal blocks in the current financial year 2024-25.

It is noteworthy that this achievement of the Coal Ministry shows India's growing capabilities in the coal sector. represents a significant advancement in the country's progress towards energy independence and economic growth, which fully aligns with the Central Government's Develop India 2047 goals. The Coal Ministry continues to focus on sustaining this growth while ensuring environmentally responsible mining practices.