Coal Ministry Achieves 411.62 MT Production in FY 2024-25
This growth is even more notable given the interruptions in mining activities in CIL subsidiaries due to heavy rains.
The Ministry of Coal has achieved a remarkable upswing in coal production during the fiscal year 2024-25 (up to September 12th), reaching a provisional figure of 411.62 million tonnes (MT). 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.
Coal India Limited (CIL), a key player in this sector, has also demonstrated resilience with its production rising to 311 MT during the same period, marking a growth of 2.80% compared to 302.53 MT in the corresponding period of the previous year. This growth is even more notable given the interruptions in mining activities in CIL subsidiaries due to heavy rains.
Read Also : IREDA receives approval through DIPAM to establish retail subsidiaryCoal dispatch has also experienced a substantial uplift, reaching 442.24 MT during the fiscal year 2024-25 (up to September 12th), compared to 421.29 MT in the same period last year. This reflects a robust growth rate of 4.97%. Furthermore, the dispatch of coal to power plants has shown significant growth of 4.03%, achieving 362.65 MT, underscoring the sector's commitment to meeting the nation’s rising energy demands.
Read Also : SBI plans to enhance threshold limit under instant loan scheme for MSME sectorThe current coal stock levels further highlight the sector’s efficiency and preparedness. As of September 12, 2024, the coal stock held by coal companies has surged to 76.49 MT, showcasing an impressive annual growth rate of 49.07%. In parallel, the coal stock at domestic coal-based thermal power plants has reached 36.58 MT, representing a remarkable growth of 43.68%. These figures underscore the sector's robust performance and its enhanced capacity to ensure an uninterrupted power supply and effectively meet the nation’s energy needs.
These statistics vividly illustrate the resilience and dedication of the coal sector in driving the country’s energy security forward. The Ministry of Coal remains steadfast in fostering sustained growth and operational efficiency within the sector, demonstrating its unwavering commitment to the nation’s energy needs. Through strategic planning and adaptive measures, the Ministry continues to strengthen the coal industry's pivotal role in India’s energy landscape, ensuring that it remains a cornerstone of the country’s development and progress.
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