Page 4 - Coal Production

CIL's FY24 production jumps 10% as stock gets a fillip ahead of summer

The jump in coal production comes at a time when the country is preparing for a record high power demand expected due to extreme heat this summer

Coal India's output increases 10% to 773.6 million tonnes in FY24

Coal India Ltd on Monday said it produced 773.6 million tonnes of the dry fuel in the 2023-24 fiscal, registering a 10-per cent growth over the previous year. However, it fell short of the target by 6.4 million tonnes or nearly two days of production. "This is the first time the company has recorded double-digit growth in two successive years since its inception. In volume terms, the output expanded by 70.4 million tonnes, the second-highest ever," a company statement said. The output of two subsidiaries Northern Coalfields Ltd and Western Coalfields Ltd failed to maintain momentum, registering a growth of 12.5 per cent and 9.1 per cent, respectively, in March compared to the corresponding period a year ago. This dragged the overall March growth of CIL's production rate down to 6.1 per cent. The overall coal production of 88.6 million tonnes in March 2024 was the highest ever for any month till date, the statement said. While all the miner's coal-producing arms recorded positive

Summer ready: Railways draws up plan to ease coal transportation

The ministry will rely extensively on EDFC between Punjab and Bihar

Mahanadi Coalfields Ltd crosses 200 MT coal production mark in FY24

Mahanadi Coalfields Ltd (MCL) has achieved the 200-million tonne (MT) coal production mark in the 2023-24 fiscal, officials said Sunday. The MCL has mining operations in Odisha's Angul, Jharsuguda and Sundergarh districts. The company crossed the 200-MT mark on Saturday night. "It gives me immense pleasure to share the news of this extraordinary milestone of 200 million tonnes in coal production. This is not just a number, but a symbol of our commitment, hard work and perseverance," said Chairman-cum Managing Director Uday Anant Kaole. MCL had attained the 100-MT mark in 2009-10, while 150-MT output was achieved in 2021-22.

NTPC crosses 400 bn units power generation mark in FY24, eyes green energy

State-owned NTPC on Thursday said its electricity generation has crossed 400 billion units (BU) this fiscal year. In FY23, the company had generated 399.3 BU, a company statement said. According to the statement, till March 13 of FY24, NTPC coal stations recorded a plant loading factor (PLF or capacity utilisation) of 77.06 per cent. During the fiscal year, the company recorded the highest ever single-day generation of 1,428 MU (million units) on September 1, 2023. NTPC has an installed capacity of 75.4 GW, while 18 GW capacity including 5 GW renewables is under construction. The company is committed to achieving 60 GW of renewable energy capacity by 2032. NTPC has also ventured into various new business areas including e-mobility, waste-to-energy, green hydrogen solutions and participated in the bidding for power distribution of Union Territories. It is India's largest integrated power utility, contributing 1/4th of the power requirement of the country.

Ministry to ensure 874 mn tonne coal supply for power sector in FY25: Joshi

The coal ministry is geared up to meet 874 million tonnes of anticipated coal demand for the power sector in 2024-25, Union Minister Pralhad Joshi said on Wednesday. For the financial year ending March 31, the Power Ministry had placed a requirement of 821 million tonnes, Joshi told PTI on the sidelines of the release of the 'PM Gati Shakti National Master Plan in Coal Sector' booklet. Their (power ministry's) demand has been met. They had asked for 821 million tonnes and it has been supplied, the Minister said. "For FY25, the power ministry has asked for 874 million tonnes of coal. We will fulfil this requirement also. We are going to cross 1 billion tonne coal production by this March," he said. The share of imported coal for blending purposes has gone down this fiscal compared to last financial year, Joshi said. In FY24, coal import for blending was around 22.20 million tonnes, while it was at 30.80 million tonnes in the financial year 2022-23, he said. Savings to the tune of

Results of 9th round of coal auctions may be announced within two weeks

As many as 32 coal mines were put into action in the 9th round

Coal India production hits record 703.91 MT this fiscal until March 7

Production of Coal India Ltd hit a record 703.91 million tonnes (MT) in this fiscal until March 7, surpassing the last fiscal's output of 703.20 MT, the Coal Ministry said on Friday. Highlighting that several key measures were implemented to enhance production, the ministry said Coal India maintains an ample stock of 72.70 MT as of 7th March 2024. "Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes of coal up to 7th March 2024 during the current fiscal, surpassing last financial year's production of 703.20 MT by an impressive margin of 26 days," the ministry said in a release. Adoption of the Mine Developer and Operator model, mechanization and modernization of CIL mines, both Underground & Opencast, undertaking new projects, expanding existing projects, have bolstered coal production, it said. The ministry in a separate release stated that the domestic coal sector registered a growth of 10.2 per cent in January. The index of the coal industry ...

India's coal output reaches 881 MT in Apr-Feb, likely to hit target

India produced 880.72 million tonne (MT) of coal in April-February this fiscal and is now just 119.28 MT away from its 1 billion tonne coal production target for FY24. In 2022-23, India's total coal output was 893 million tonnes (MT). For the ongoing 2023-24 fiscal, the government has a target to produce 1 billion tonne (BT) of coal. The cumulative coal production in April-February 2024 grew over 12 per cent to 880.72 MT (provisional) compared to 785.39 MT during the same period of FY23, the Ministry of Coal said in a statement on Tuesday. The country's coal produced rose 12 per cent to 96.60 million tonne (MT) in February against 86.38 MT a year ago. In February, the production of state-owned giant Coal India Ltd (CIL) rose 8 per cent to 74.76 MT (provisional) from 68.78 MT in February 2023, the ministry said. The cumulative coal dispatch up to February 2024 increased over 11 per cent to 882.44 MT compared to 794.41 MT in the year-ago period. The coal dispatch grew 13.63 per cen

Govt extends mandate for power producers to import 6% of coal needs

Coal accounts for about 75% of India's power generation, with coal-fired plants accounting for more than three quarters of India's use of the polluting fuel

Coal India output rises 11% to 685 mn tonnes during Apr-Feb FY24

State-owned Coal India Ltd on Friday reported a 10.5 per cent rise in production at 685.1 million tonnes (MT) during the April-February period of the ongoing fiscal. The public sector coal producer had registered an output of 619.7 MT in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE. In February, the production increased to 74.8 MT from 68.8 MT recorded in the year-ago month, the filing said. According to the company, the figures are provisional. The tota offtake of coal during the April-February period went up to 684.7 MT from 630.5 MT witnessed in the year-ago period. Coal offtake is the amount of fossil fuel supplied from the pitheads. CIL's offtake in February also increased to 65.3 MT from 58.3 MT in the corresponding month of previous fiscal. Coal India accounts for over 80 per cent of domestic coal output in the country.

Coal-producing states earn revenue of Rs 1.52 trillion in last 9 yrs: Govt

Coal-producing states earned a revenue of Rs 1.52 lakh crore in the last nine years from royalty, District Mineral Foundation (DMF) and National Mineral Exploration Trust (NMET). State-wise and year-wise data indicate that the coal mining sector is a very significant contributor to the revenue of states including Jharkhand, Chhattisgarh, Odisha and Madhya Pradesh, the Coal Ministry said in a statement. "During 2014-2023, total revenue from royalty, DMF & NMET of all coal-producing states through coal mining sector is Rs 1,52,696 crore," the ministry said. The compounded annual growth rate (CAGR) of the revenue from coal mining during 2014-2023 was 13.80 per cent, it said. Coal mining sector has proved to be a big booster for economic growth of the states that produce fossil fuel. State governments are entitled to receive 14 per cent of royalty on the sale price of coal and 30 per cent of the royalty as contribution towards the proposed district mineral foundations (DMFs)-- which ..

PM Modi to inaugurate 2 Coal India projects worth Rs 1,400 cr on Thursday

Prime Minister Narendra Modi will on Thursday inaugurate Coal India's two first-mile connectivity projects worth Rs 1,393.69 crore, according to an official statement. The first mile connectivity (FMC) projects are expected to reduce the state-owned coal producer's dependence on road traffic for transportation of the dry fuel. Owned by Coal India arm Norther Coalfields Ltd (NCL), the projects located in Madhya Pradesh will enhance coal supply and quality in an eco-friendly way, the coal ministry said in a statement. Prime Minister Narendra Modi will inaugurate two significant FMC projects virtually on February 29. These projects are valued at Rs 1,393.69 crore, the ministry said. "The projects to be unveiled are the Jayant OCP CHP-SILO and the Dudhichua OCP CHP-SILO. The Jayant OCP CHP-SILO has a capacity of 15 million tonnes per annum (MTPA) and has been developed with an investment of Rs 723.50 crore. "Similarly, the Dudhichua OCP CHP-SILO, with a capacity of 10 million tonnes p

National coal index falls 5% in Dec, shows sufficient availability in mkt

Indicating sufficient coal availability in the market, the National Coal Index (NCI) declined 4.75 per cent in December. The NCI was at 155.44 points in December 2022, the coal ministry said in a statement on Thursday. This decline shows a strong supply of coal in the market, with sufficient availability to meet the rising demand. NCI is a price index that combines coal prices from all sales channels, including auction and import prices. It considers prices of coking and non-coking coal of various grades transacted in the regulated (power and fertiliser) and non-regulated sectors. "The National Coal Index (Provisional) has shown a significant decline of 4.75 per cent in December 2023 at 155.44 points compared to December 2022, where it was at 163.19 points," the coal ministry said in a statement. Established with the base year as 2017-18, the price index serves as a reliable indicator of market dynamics, providing valuable insights into price fluctuations. "The downward traject

Coal India aims to deploy 681 EVs at mines, subsidiary headquarters by FY26

State-owned Coal India Ltd aims to take the total number of e-vehicles at its mines to 681 by FY2025-26 from 178 at present, the government said on Wednesday. Coal and Mines Minister Pralhad Joshi in a written reply to the Lok Sabha said that Coal India Ltd is asserting on hiring electric vehicles at different mines and subsidiary headquarters. The present number of e-vehicles in Coal India Limited is 178, he said. The total target for e-vehicles in FY26 is 681, the minister said. Coal India Limited has taken various initiatives for reduction of carbon emission in mining operations which includes deployment of e-vehicles in all its subsidiary companies, he said. CIL accounts for over 80 per cent of domestic coal output.

Coal production increases by 10.3% to 99.73 million tonne in January

The country's coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal. India's coal production was at 90.42 MT in the year-ago period. The coal production in the April-January period rose to 784.11 MT (Provisional) over 698.99 MT during the same period in 2022-23, the coal ministry said in a statement. The country's coal dispatch in January rose to 87.37 MT over 82.02 MT in January last fiscal. As on January 31, the coal stock held by coal companies reached 70.37 MT, it said, adding that this surge reflects an annual growth rate of 47.85 per cent. "Concurrently, the coal stock at Thermal Power Plants (TPP), specifically at the location identified as DCB (Domestic Coal Based), marked a notable increase to 36.16 MT on the same date, with an annual growth rate of 15.26 per cent," it said.

Coal India fuel supply to thermal power plants rises by 5pc in Apr-Jan FY24

State-owned Coal India Ltd on Friday said that it supplied 509 million tonnes of coal to thermal power plants in the April-January period of this fiscal, registering a rise of 4.7 per cent. Coal India supplied 486 million tonnes (MT) of dry fuel to coal-fired power plants in the year-ago period. "Staying ahead of the projected demand since the beginning of the fiscal, CIL's supplies to coal-fired plants raced to 509 MT till January," the PSU said in a statement. CIL's increased supplies forming the bulk, ensured stock at domestic coal based power plants hitting an all-time high of 36.2 MT in January, eclipsing the previous high of 34.5 MTs recorded four years ago same month. On an average CIL loaded a record 315.2 rakes per day to all consuming sectors, which is 7.2 rakes higher than earlier 308 rakes record achieved for a month in March 2021. Each rake corresponds to around 4,000 tonnes of coal. Loading to power plants on an average shot up to 288.4 rakes per day during the refer

Coal India production rises 9.1% to 78.4 million tonnes in January

State-owned CIL on Thursday reported a 9.1 per cent rise in coal production at 78.4 million tonnes (MT) in January. The company had produced 71.9 MT of coal in the corresponding month of previous fiscal, Coal India Ltd (CIL) said in a filing to BSE. Coal production by CIL in April-January period also increased to 610.3 MT from 550.9 MT in the corresponding period of previous fiscal, the filing said. Coal offtake in January increased to 67.6 MT from 64.4 MT in the corresponding month of previous fiscal. The offtake of dry fuel during April-January period increased to 619.5 MT from 572.3 MT in the year-ago period. Coal India accounts for over 80 per cent of domestic coal output.

Govt to increase coal-fired capacity in 2024 by 14 GW: Power Ministry

The south Asian nation failed to achieve a target to add 175 GW of renewable power capacity by 2022. The planned coal-fired capacity increase in 2024 will exceed its 2023 renewables increase of 13 GW

Metallurgical coal manufacturer body flags import of cheap met coke

Association of producers and suppliers of metallurgical coal on Monday expressed concerns over the "influx of met coke at prices below the domestic cost of production" and sought the government's intervention to resolve the issue. Metallurgical coal is a grade of coal that can be used to produce good-quality coke. The prevailing import rate for metallurgical coke in India is USD 395 per tonne, while the production cost for domestic met coke manufacturers is around USD 460 per tonne. This significant pricing gap has led to an influx of over 3.6 million tonnes of inexpensive met coke imports during 2022-23, posing a substantial challenge to India's merchant met coke sector, The Indian Metallurgical Coke Manufacturers' Association (IMCOM) said. "To maintain a sustainable ecosystem in the met coke industry, we suggest that the Indian government impose quantitative restrictions on overseas met coke imports. Such restrictions across various countries could potentially curtail total impor