Government Sets Coal Production Target at 170 Million Tonnes for FY25

by Psu Connect
Date: 15-04-24

Production Targets for FY25 are meant to achieve the milestone as the Coal block allottees are optimistic about meeting the 170 million tonnes production target for 2024-25.

Government Sets Coal Production Target at 170 Million Tonnes for FY25

According to the additional secretary of coal, M Nagaraju, the government aims to produce 170 million tonnes of coal from captive and commercial coal blocks in the upcoming financial year. Representatives from 74 coal mines participated in the review meeting, expressing confidence in achieving the set target.

Production Targets for FY25 are meant to achieve the milestone as the Coal block allottees are optimistic about meeting the 170 million tonnes production target for 2024-25.

For the operationalization of New Mines, certain Plans for new mines during the fiscal year 2024-25 were reviewed.

Production Breakdown Review for FY24:

In the previous fiscal year, captive and commercial coal blocks collectively had produced around 147.12 million tonnes of dry fuel. Among these, power sector captive mines accounted for around 121.3 million tonnes, non-power sector captive mines produced 8.4 million tonnes, and commercial mines contributed 17.5 million tonnes to the total output.

Coal Imports in FY24 division:

During the April-February period of FY24, the country's coal import increased to 244.27 million tonnes from 227.93 million tonnes in the corresponding period of the previous year, according to data compiled by B2B e-commerce company injunction.