Centre Drives Surge In Coal Production, Dispatch, Marks 27 And 29% Uptick
The Ministry of Coal announced today a substantial increase in coal production and dispatch from captive and commercial mines during the current fiscal year, showcasing a remarkable growth trajectory and heightened efficiency in the sector.
According to a press release by the Ministry of Coal, the period from 1 April 2023 to 29 February 2024 witnessed a notable surge, with coal production reaching 126.80 million metric tonne (MT) and dispatch hitting 128.88 MT.
This represents a significant uptick of 27.06 per cent and 29.14 per cent respectively compared to the corresponding period of the previous fiscal year.
As of 29 February 2024, the coal sector boasted a total of 54 producing mines, out of which 35 were allocated to the power sector, 11 to the non-regulated sector and eight for sale of coal.
Moreover, the successful auctioning of 91 mines under commercial coal auctions, with seven already in production, underscores the government's commitment to enhancing coal production and reducing dependency on imports, read the press release.
The month of February 2024 alone witnessed an impressive surge in coal production and dispatch, with 14.85 MT and 12.95 MT respectively, marking a notable increase of 37 per cent and 33 per cent compared to the same period in the previous fiscal year.
The average daily coal production and dispatch rate stood at 5.12 million MT and 4.46 MT per day respectively, reflecting consistent performance and operational efficiency. (ANI)
