Top Stories

Coal production rises 8.4% to 223 million tonnes in Q1 FY24: Centre

Jul 4, 2023

By: BlinkX Research Team

The Ministry of Coal has achieved substantial surge in overall coal production with a growth of 8.40% in Q1 of FY24.

The cumulative coal production has witnessed a significant increase, reaching 222.93 million tonne (MT) as compared to 205.65 MT in Q1 of FY23, the ministry said in a statement.

Coal India has recorded a growth of 9.85%, with production reaching 175.35MT in FY24 as compared to 159.63 MT during the same period the previous year.  Captive mines /others also attained a growth of 4.74 % touching 30.48 MT in FY24 as compared to 29.10 MT in FY23 during the same period. 

Simultaneously, cumulative coal dispatch has shown an upward trend, reaching 239.69 MT (Provisional) in Q1 of FY24, as compared to 224.08 MT in Q1 of FY23 with a growth of 6.97%. 

Coal India Limited (CIL) registered 186.21 MT production in Q1 of FY24 as compared to 176.81 MT in Q1 of FY23 with a growth of 5.32%. 

“These positive developments position the nation favourably and contribute to driving the positive trajectory of the country's energy sector, reinforcing the commitment towards providing uninterrupted power supply and paving the way for Aatmanirbhar Bharat”, the ministry said.

Source: Media Reports