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India's coal production increased by more than 12% to 664.37 MT this Fiscal

Asia Manufacturing Review Team | Thursday, 28 December 2023

 Asia Manufacturing Review Team

According to an official release, the India's coal production climbed 12.29 percent from April to December 25 of this fiscal year to 664.37 Million Tonnes (MT).

In the same period last year, the country produced 591.64 MT of coal.

"As per the latest statistics of the Ministry of Coal, the cumulative achievement in coal production during FY 202324, from April 2023 to December 25, 2023, has touched 664.37 MT, indicating a substantial 12.29 per cent growth compared to the corresponding period last year at 591.64 MT," according to a statement from the Ministry of Coal.

From April to December 25, coal dispatch grew to 692.84 MT, up from 622.40 MT the previous year. According to the coal ministry, the increase provides a regular and robust coal supply to meet the energy needs of the power sector.

"Furthermore, the overall coal dispatch to the power sector from April to December 25, 2023, increased by an impressive 8.39 per cent, reaching 577.11 MT compared to 532.43 MT during the corresponding period of the previous year," the ministry said in a statement.

In addition, the continuous availability of Coal Rakes, which are critical for coal transportation, guarantees a smooth evacuation process, efficiently addressing transportation bottlenecks, and ensuring a continuous coal supply, according to the ministry.