Total Coal Production Goes Up by 26% During the Current Fiscal Upto 26th February 2024
Review of Coal Production from Captive and Commercial Mines
New Delhi: The coal production from captive and commercial coal mines was reviewed by Shri. M Nagaraju, Additional Secretary and Nominated Authority, Ministry of Coal on 27th February 2024 in New Delhi. Out of total 58 coal mines reviewed with the coal block allottees, 54 mines are producing as on date and 4 mines are expected to commence production soon.
The total coal production from captive and commercial coal mines during the period 1st April 2023 to 26th February 2024 was around 125.33 MT, against 99.50 MT from the same period of FY 22-23, indicating a growth of around 26 %.
Read Also : ONGC appoints Arunangshu Sarkar as Director (Strategy and Corporate)The dispatch during the same period was 127.6 MT, against 98.13 MT from the same period of FY 22-23, indicating a growth of 30%. The average daily coal production during the month of February 2024 stood at 5.14 LT for the first time in the history of coal production from captive/ commercial coal mines. The total production from captive and commercial mines has already surpassed last year’s total production of 116.55 MT.
Read Also : RINL launches Swachhta Hi Seva 2024 mega campaignA detailed review of coal production and dispatch from these 58 mines was done with the respective coal companies from power sector, non-regulated sector, and sale of coal. While appreciating for the increase in coal production, it was impressed upon all allottees to enhance the coal production wherever it is feasible. Allottees were advised to bring forward the constraints in coal production and dispatch, if any, to the notice of the Ministry of Coal for timely resolution of the same. Shri. M. Nagaraju has advised allottees to take necessary steps to operationalize the coal blocks that are in advanced stages and support the growth of the sector.
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