India’s Coal Production Has Witnessed With a Growth of 22.6% in FY 2023-24 Since FY18-19

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The  Coal Ministry tweeted about quantum jump in India’s overall coal production to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 23%.

The Prime Minister, Shri Narendra Modi responded  by tweeting :

“Very good news for the sector and also for India’s overall economic progress.”

India’s overall coal Production has seen a quantum jump to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 22.6%. The priority of the Ministry is to enhance the domestic coal production to reduce the dependence on substitutable coal imports. In the last 5 years, the production of Coal India Limited (CIL) has increased by 703.21 MT (Million tonnes) as compared to 606.89 MT in FY 2018-2019 with a growth of 15.9%. SCCL has shown impressive growth at 67.14 MT in FY 2022-23 from 64.40 MT in FY 2018-19 with a growth of 4.3%. Captive and other mines have also taken a lead in coal production by 122.72 MT in FY 2022-23 from 57.43 MT in FY 2018-19 with a growth of 113.7%.

Ministry of Coal has initiated several measures to ramp up the domestic coal production to achieve self-reliance to meet the demand of all sectors and ensure adequate coal stocks at thermal Power Plants. The exceptional growth in coal production has paved the way for energy security of the Nation. The annual Coal Production target set for the FY 2023- 2024 is 1012 MT.

Apart from this, Ministry is proactively involved in promoting sustainable development in conjunction with coal production, by emphasizing on environmental protection, resource conservation, societal welfare, and measures to preserve our forests and biodiversity. Ministry of Coal has also formulated a strategy to develop an integrated approach for eliminating road transportation of coal in mines and has taken steps to upgrade mechanized coal transportation and loading system under ‘First Mile Connectivity’ projects.