Coal production and dispatch in India have witnessed a substantial surge, both month-on-month and year-on-year, indicating a robust logistics network and heightened efficiency in the sector. From April 1st to February 29th, 2024, total coal production and dispatch from captive and commercial coal mines reached 126.80 MT and 128.88 MT respectively, marking impressive increases compared to the same period in the previous fiscal year.
“As of February 29th, 2024, the total number of producing mines stood at 54, with 35 allocated to the Power sector, 11 to the Non-Regulated Sector, and 8 for the Sale of Coal. Additionally, 91 mines have been auctioned under Commercial Coal Auctions, with 7 mines already commencing coal production”.
In February 2024 alone, coal production and dispatch reached 14.85 MT and 12.95 MT respectively, reflecting a 37% and 33% increase compared to February 2022-23. The average daily coal production and dispatch rates stood at 5.12 LT and 4.46 LT per day respectively, demonstrating consistent performance.
This notable growth underscores the Ministry of Coal’s unwavering commitment to ensuring India’s energy security and reducing reliance on imported coal. The ministry attributes this success to strategic policy reforms and the dedication of mine allottees.
Moving forward, the Ministry of Coal aims to sustain this growth trajectory by further streamlining operations and bolstering infrastructure. These efforts align with the government’s initiatives to promote self-reliance and support the ‘Make in India’ campaign, ultimately contributing to the nation’s energy security and economic development.