New Delhi, March 2 (IANS) The total coal production and dispatch from captive and commercial coal mines in India saw a significant increase, reaching 126.80 million tonnes and 128.88 million tonnes respectively, from April 1, 2023, to February 29, 2024. This marks a growth of 27.06% and 29.14% compared to the previous year, as per data released by the Coal Ministry on Saturday.
The rise in coal production demonstrates improved efficiency and a robust logistics network, contributing to India’s energy security and reducing dependence on imported coal. These efforts align with the government’s emphasis on self-reliance and supporting the ‘Make in India’ campaign, the ministry stated.
Policy reforms like transparent e-auction of commercial mines have played a role in boosting production. There are currently 54 producing mines, with 35 allocated to the power sector, 11 to the non-regulated sector, and eight for open market coal sales.
Of the 91 mines auctioned under commercial coal auctions, seven have already started coal production. In February 2024 alone, total coal production and dispatch were 14.85 million tonnes and 12.95 million tonnes, showing a substantial increase from the same period in FY 2022-23.
The average daily coal production and dispatch rates stood at 5.12 lakh tonnes and 4.46 lakh tonnes per day respectively, highlighting consistent performance. The Coal Ministry emphasized on sustaining this growth momentum and enhancing infrastructure to meet the escalating energy demands of the country.
