The production from captive and commercial coal blocks has increased by 79 per cent to 27.7 Million Tonnes (MT) in the June quarter. The coal ministry also expressed hopes that the targeted production of 32 MT from captive and commercial mines during the second quarter of FY23 will be achieved. "Production from coal blocks during the first quarter of financial Year 2022-23 was reviewed by the Additional Secretary and Nominated Authority, the Ministry of Coal on July 6, 2022 in the presence of project proponents. Coal production achieved during the first quarter is 27.7 MT which is 79 per cent higher than 15.5 MT coal produced during same period in FY 2021-22," the coal ministry said in a statement. The government also appreciated the efforts of coal blocks owners in achieving such high growth. Two coal blocks sold last year under commercial mines auction have become operational and produced 1.57 MT in the first quarter, it said. At present, a total of 36 captive and commercial min
At the same time, coal despatch increased by 20.69 per cent to 75.46 MT from 62.53 MT during June 2022 as compared to June 2021.
It had produced 124 MT coal in the year-ago period, Coal India Limited (CIL) said in a statement
After a record-breaking coal production of 777 million tonnes (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well
The country's coal production registered a rise of 33.88 per cent to 71.30 million tonnes (MT) in the month of May. Coal output in the corresponding month of the previous fiscal was 53.25 MT, as per provisional data of the Ministry of Coal. Of the top 37 coal producing mines, 23 produced more than 100 per cent, while the performance of 10 mines stood between 80 and 100 per cent, the ministry said. The thermal power generation went up by 26.18 per cent in May over the corresponding month of the previous fiscal. "The overall power generation in May 2022 has been 23.32 per cent higher than in April 2021 and 2.63 per cent higher than the power generated in April 2022," it said. Coal-based power generation dropped by 3.82 per cent to 98,609 million units (MU) in May against 1,02,529 MU in April 2022. However, total power generation increased to 1,40,059 MU in May against 1,36,465 MU in April 2022 on account of hydro and wind energy.
The Coal Ministry expects operationalisation of 58 coal blocks in 2022-23 and has set target of 138.28 million ton coal production, an official statement said
Power shortage is the last thing Indian businesses, recovering from the pandemic-induced disruption, need
The total coal dispatch including non-CIL coal producing units has been to the tune of 71.77 MT for the entire month of April, registering a growth of 9.39 per cent on a year-on-year basis
During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data
India had asked utilities to import 10% of its total requirement to blend with local coal as demand was outstripping supply
Over 500 workers at a coal mine in Mozambique owned by a subsidiary of an Indian company have been on strike for a week, the company said in a statement
The challenge for the companies is how to make the banks finance the projects
FY23 target for Railways slashed 47%, from Rs 57,222 crore projected earlier
India needs to increase domestic coal production in order to fulfil the ever-growing demand for fuel and reduce import dependency, Union Coal and Mines Minister Pralhad Joshi said on Friday.
The overall coal production was at 51.6 mt in April 2021
Northern Coalfields Limited registered a 26.22% YoY production growth and an 18% rise in dispatch in April 2020, helping the parent company achieve a 28 per cent traction in output for the month
India's total coal production in FY22 was 777.02 million tonnes, up by 8.5 per cent from 716 million tonnes in FY21
Systemic weakness in power sector exposed again
The statement assumes significance amid reports of coal shortages due to rising demand for electricity with the onset of summer season
Mahanadi Coalfields Ltd (MCL) said it has produced 168 million tonnes (MT) of coal during the financial year 2021-22 registering a growth of about 14 per cent over the previous fiscal.