Business

India’s Coal Production Grows 7.10% In a Year

In May, domestic coal production increased 7.10% year over year to 76.26 million tonnes (MT). According to a statement from the coal ministry, India produced 71.21 MT of coal in the same month in 2022. It further said that the Ministry of Coal has obtained a commendable achievement with a substantial increase in the overall production of coal during May 23. It surpassed the production of coal on May 22 which was 71.21 MT and reached 76.26 MT.

Speaking of overall coal production in April-May, it jumped from 138.41 MT to 149.41 MT in the time span of one year. In the previous month, Coal India Ltd produced 59.94 MT of coal, 149.41 MT in the year-ago period.

Coal dispatch increased last month by 5.70% to 82.22 MT from 77.79 MT in May 2022 owing to improved first-mile connectivity infrastructure. First-mile connectivity describes the movement of coal from mines to distribution centres. The total coal dispatch for April and May of FY24 was 162.44 MT, up from 149.76 MT at the same time last year.

Also Read: Morgan Stanley’s Transformation Report About India: “India has transformed in less than a decade”

According to the ministry, the increase in offtake has left a comfortable coal stock position, ensuring a steady supply of coal at pithead stocks at CIL, SCCL, the stock at TPP(DCB), etc. The total coal stock increased by 35.48% to 112.41 MT on May 31, 2023, from 82.97 MT on May 31, 2022.

The coal stock position has strengthened the nation’s ability to handle unanticipated energy demand changes, ensuring that the country’s energy needs will be met. Due to the initiative taken by the ministry to improve rail connectivity infrastructure under PM Gati Shakti, the availability of coal rakes for coal transportation has remained consistently good throughout this time.

Also Read: Alexa to Pay Penalty In Alexa And Ring Camera Privacy Breach Lawsuits

Malika Sahni

Recent Posts

“A Surge of Emotion In The Ocean Of Sanatan Dharma,” Acharya Pramod Krishnam Meets Pandit Dhirendra Shastri

Posting a photo of the meeting on the social media platform X, Acharya Pramod Krishnam…

9 hours ago

Asian Geography Conference Champions Youth As Vanguards Of National Development

Colonel Mustafa urges youth to use geography actively for disaster management, policy, and national development.

12 hours ago

India Sends Record 111-Member Squad To Deaflympics 2025 In Tokyo

India names a record 111-member team for Deaflympics 2025, competing across 11 sports disciplines.

12 hours ago

PM Modi, Leaders Extend Birthday Wishes to Bharat Ratna LK Advani

PM Modi, Amit Shah, and leaders extend birthday wishes to Bharat Ratna LK Advani.

13 hours ago

Justice Vikram Nath Hails PM Modi’s Vision For Accessible & Technology-Driven Justice At NALSA Conference

Justice Vikram Nath praised PM Modi’s vision for inclusive, tech-driven justice and legal empowerment.

13 hours ago

Justice Surya Kant Calls For Empathetic Tech-Driven Legal Aid System At NALSA Conference

Justice Surya Kant urged empathetic, tech-driven legal aid reforms to make justice accessible and inclusive.

13 hours ago