As of 29th February 2024, the total number of producing mines stood at 54, with 35 allocated to the Power sector, 11 allocated to the Non-Regulated Sector, and 8 allocated for Sale of Coal. 91 mines have been successfully auctioned under Commercial Coal Auctions, out of which 7 mines have already commenced coal production.
The total coal production and dispatch in the month of February 2024 was 14.85 MT and 12.95 MT, with an increase of 37% and 33% respectively, as compared to 10.85 MT and 9.72 MT respectively in the same month of FY 2022-23. The average daily coal production and dispatch rate was 5.12 LT and 4.46 LT per day respectively, showing consistent performance.
The Ministry of Coal attributes this success to the strategic implementation of policy reforms, and the relentless dedication of the mine allottees. The Ministry of Coal is focused on sustaining this growth trajectory and the aim is to further streamline operations and bolster the infrastructure to meet the rising energy demands of the nation.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
