Coal production goes up

Coal production in the country has touched 664.37 million tons during the current financial year 2023-24 up to December 25^th 2023 compared to 591.64 million tons during the corresponding period previous fiscal. The coal production has grown 12.29 per cent so far this fiscal year, according to data released by the coal ministry. This would mean coal imports of the country would come down next year.

The coal dispatch rate has increased by 11.32 per cent over the same period last year, it said, adding this would ensure a consistent and robust coal supply to meet the needs of the power sector.

Additionally, coal dispatch to the power sector in particular increased by 8.39 percent to 577.11 Million tons, from 532.43 Million tons in the corresponding period last year.

India’s overall coal stock, including mines, thermal power plants, and coal in transit, was at 91.05 Million Tons,  21.57 per cent higher than the 74.90 MT recorded in FY23.

“Efficient coal supply to thermal power plants has resulted in robust coal stock levels at various pitheads, highlighting the effectiveness of the coal supply chain in ensuring seamless distribution nationwide. This higher coal stock position reflects the commitment of the ministry of coal to maintaining an ample coal supply and underscores effective stock management strategies operational efficiency and consistent coal supply to meet the energy needs of the power sector,” read the ministry’s statement.

“Moreover, the uninterrupted availability of coal rakes, crucial for coal transportation, ensures a smooth evacuation process, effectively addressing transportation bottlenecks and guaranteeing a seamless coal supply. The ministry remains unwavering in its dedication to ensuring a reliable and uninterrupted power supply by embracing cutting-edge technological advancements,