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Projects: Ministry aims to produce 186.63 MT coal in 2024-25

Fiinews by Fiinews
January 10, 2024
in Projects
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India produced coal from 50 captive-commercial coal mines in 2023

The Ministry of Coal aims to produce 186.63 million tonnes (MT) coal exclusively from captive-commercial coal mines during FY 2024-25, raise it to 225.69 MT during FY 2025-26 and, as per the present national energy requirement plans, produce 383.56 MT by FY 2029-30.

The Ministry had 50 captive-commercial coal mines under production on 31 Dec 2023. Coal output from 32 of these mines were allocated to the power sector, 11 to non-regulated sector and seven mines allocated for sale of coal in the open market.

Within three and half years after the commencement of Commercial Coal Mines Auction in 2020, six mines with a cumulative peak rated capacity (PRC) of 14.87 MT have already started production.

In December 2023, the total coal production from captive and commercial coal mines was 14.04 MT, up by 38% from 10.14 MT in the same month of the previous year.

Coal production and dispatch from captive and commercial coal blocks attained a remarkable growth during the period of 1 April to 31 December 2023. The total coal production from captive & commercial coal mines during the period 1 April 2023 to 31 December 2023 stood at 98 MT. fiinews.com

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