The country is likely to be surplus in coal production by FY26, Parliament was informed on Wednesday. India may be surplus in coal production except for some high quality fossil fuel and coking coal needed for the steel industry and imported coal-based power plants. Replying to a query in Lok Sabha, coal and mines minister Pralhad Joshi said, "India is expected to be surplus in coal production by the year 2025-26 except for some high quality coal and coking coal required for steel sector and ICB plants." To another query, the minster said that against the estimated coal demand of 1,196.60 million tonne (MT) in the current fiscal, the country's production target of the fossil fuel is 1,012.14 MT. Joshi said "the estimated coal demand for 202324 is 1,196.60 MT." The coal production target for 202324 is 1,012.14 MT, the minister said. The government, he said, under a central sector scheme, carries out exploration of coal and lignite through Central Mine Planning & Design Institute .
India's coal imports dropped 4.2 per cent to 148.13 Million Tonnes (MT) in the April-October period of the ongoing financial year. The country's coal imports were 154.72 MT in the corresponding period of the previous fiscal. During the April-October period, non-coking coal imports were 94.53 MT, lower than 104.41 MT imported during the same period last year, according to the data of mjunction services ltd, a B2B e-commerce company. Coking coal imports were at 33.74 MT during the first seven months of the ongoing financial year, slightly up against 32.74 MT in the year-ago period. Imports in October stood at roughly 23.59 MT as against 19.04 MT in October last fiscal, as per the data. Of the total imports in October, inbound shipments of non-coking coal stood at 16.88 MT, against 11.69 MT imported in October last year. Coking coal imports stood at 4.31 MT, against 4.69 MT imported in October last financial year. "There was an increase in volumes as the buyers took fresh positions
India's coal production rose by 11.03 per cent to 84.53 million tonnes (MT) in November compared to 76.14 MT in the corresponding month of the previous fiscal. The production of Coal India Ltd (CIL) increased by 8.74 per cent to 65.97 MT in November 2023 over 60.67 MT in November last fiscal, the Coal Ministry said in a statement. CIL accounts for over 80 per cent of domestic coal output. "The cumulative coal production (up to November 2023) has seen a quantum jump to 591.28 MT (provisional) in FY'23-24 as compared to 524.53 MT during the same period in FY' 22-23 with a growth of 12.73 per cent," the ministry said. The country's coal dispatch increased to 81.63 MT (provisional) last month in comparison to 74.87 MT (provisional) recorded in November last fiscal, registering a growth rate of 9.02 per cent. "The cumulative coal dispatch (up to November 2023) has seen a significant jump to 623.04 MT (provisional) in FY'23-24 compared to 557.80 MT during the corresponding period in ...
The government on Wednesday said that coal will continue to feed the country's power plants and it will make every effort to ramp up the output of fossil fuel to meet the growing demand for electricity. The Centre is also aware of its responsibilities and its commitment to get 50 per cent of energy from renewable resources and the Net Zero goal for carbon emissions by 2070, which is vital to fight for a greener environment. Speaking at the inauguration of the eighth round of commercial coal mines auction, Coal Minister Pralhad Joshi said, "India is consuming more power than ever before. Peak demand for power in the country has already reached 240 GW and is likely to be doubled by 2030. Therefore, while the share of coal-generated power may decline, however, in absolute terms it will increase. The minister also assured that with collective efforts, India will be able to meet the demand vis a vis adoption of sustainable development principles in coal mining. A total of 39 mines have
The country's coal output increased 15.81 per cent to 67.21 million tonnes in September as against 58.04 million tonnes in the year-ago period, an official statement said on Tuesday. The cumulative coal production up to September increased to 428.25 MT in the ongoing fiscal, over 382.16 MT in the year-ago period, registering a growth of 12.06 per cent, the coal ministry statement said. The output of state-owned Coal India Ltd, which accounts for over 80 per cent of domestic coal output, increased to 51.44 MT in September as against 45.67 MT a year ago. Additionally, coal dispatch increased to 70.33 MT over 61.10 MT in September last fiscal. The coal sector witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights, the ministry said. "This exceptional growth is attributed to the unwavering dedication of coal PSUs, which has played a pivotal role in driving this extraordinary progress," the statement said. The coal ministry added t
State-run power giant NTPC on Tuesday reported an 83 per cent rise in coal production in April-September period of this financial year, compared to a year ago. NTPC Ltd has reported a substantial growth of 83 per cent in coal production from its captive mines during H1 FY 2023-24, as compared to the corresponding period in the previous year, a company statement said. The company achieved a coal production of 16.05 million metric tonnes (MMT) during H1 FY24, as compared to 8.76 MMT in H1 FY23 (April-September 2022). In addition, NTPC has also achieved a coal despatch of 17.20 MMT in H1 FY24, marking a significant 94 per cent increase over the previous year for the same period. Till date, NTPC has produced more than 85 million metric tonnes (MMT) of coal from its four operational captive coal mines i.e Pakri Barwadih & Chatt-Bariatu Coal Mines in Jharkhand, Dulanga Coal Mine in Odisha and Talaipalli Coal Mine in Chhattisgarh. Further, mine operations have also started from Kerendari
State-owned CIL on Monday reported a 12.6 per cent year-on-year rise in coal production to 51.4 million tonnes (MT) last month. The PSU had produced 45.7 MT of coal in the year-ago period, Coal India Ltd (CIL) said in a BSE filing. The company's output in the April-September period also increased by 11.3 per cent to 332.9 MT against 299 MT a year ago, it added. CIL's offtake in September increased by 12.6 per cent to 55.1 MT compared to 48.9 MT in the corresponding month of the previous fiscal. The offtake of the Maharatna firm in the April-September period also went up by 8.6 per cent to 360.7 MT against 332 MT in the year-ago period. Coal offtake is the amount of dry fuel supplied from the coal pitheads. Coal India accounts for over 80 per cent of domestic coal output.
About 3.5-4 MT of coal is used to generate 1,000 megawatt (MW) power at 65-75% plant load factor (PLF); with the new plan, total coal usage will increase by 38%
It is not true that India is not reducing coal-based power generation capacity in the energy mix, a senor government official said, adding that the country is targeting over 64 per cent of non-fossil fuel-based capacity by 2030. India has set the target of having 500GW of renewable energy by 2030. Coal-based power generation, however, ensures stable operation of the electricity transmission grid. "It is not true that we are not reducing coal. We are in the business of energy transition. But keeping in mind energy security and supply to each and every consumer, we have to provide electricity to all types of consumers including commercial, domestic and industrial," Chairman, Central Electricity Authority, Ghanshyam Prasad said at the BCC&I Environment and Energy Conclave here. India's power infrastructure is mostly dominated by coal (based generation) as it constitutes more than 50 per cent in terms of capacity. In terms of output, the share of fossil fuel-based energy is 70 to 74 ..
India's total coal imports fell 1.82 per cent to 68.30 million tonne in April-June period of ongoing financial year, according to a report. The import was at 69.57 MT in the same period a year ago, mjunction said in its latest report. The import included non-coking coal, coking coal, anthracite coal, pulverised coal injection (PCI) coal, met coke and pet coke, it said. During the period, non-coking coal import stood at 42.99 MT against 47.44 MT in the same period last year, while coking coal import was 15.89 MT against 14.61 MT imported a year ago. In June 2023, the import stood at around 21.03 MT, down 25.21 per cent as against 28.11 MT imported in the same month last year. India is among the top five coal-producing countries in the world. However, some parts of its coal requirement are met through imports as the country is also among the major consumers of the dry fuel. For coking coal -- a key raw material used in steel making -- the country remains heavily dependent on ...
Coal India contributed the most to this growth, producing 175.35 mt coal in the first quarter of financial year 2023-24
The SECL is procuring over 400 HEMMs that include 261 dumpers with capacity between 60 tonnes to 240 tonnes
State revenues have improved and production of coal and other minerals increased significantly on the back of reforms taken by the government in the coal and mining sectors, Union minister Pralhad Joshi said on Wednesday. The minister made the remarks at a conference on 'Achievements of Coal and Mines Ministry' in the national capital. "In the last 9 years of the Modi government, there have been various reforms in the whole coal and mining sector. Country is moving towards Atmanirbharta. 2014 onwards, the first-come-first-serve system was totally removed and a transparent auction regime was set in place and by that state got a huge revenue both as far coal and mining sectors are concerned," the minister for coal and mines said. Citing examples, the minister said the revenue of Odisha from coal and other minerals increased multi-fold to Rs 50,000 crore in 2021-22, from Rs 5,000 crore in 2015-16. The government made amendments to the Mines and Minerals (Regulation and Development) ..
Domestic coal production was 7.10 per cent higher year-on-year at 76.26 million tonne (MT) in May. India had produced 71.21 MT coal during the same month in 2022, the coal ministry said in a statement. "Ministry of Coal has achieved a remarkable feat with a substantial surge in overall coal production during May 23, reaching 76.26 MT surpassing May 22 of 71.21 MT, representing an increase of 7.10 per cent," it said. The cumulative coal production in April-May FY24 jumped to 149.41 MT from 138.41 MT in the year-ago period. Last month, Coal India Ltd (CIL) alone produced 59.94 MT coal, up 9.54 per cent over 54.72 MT in May 2022. With an increased first-mile connectivity infrastructure, coal dispatch last month grew 5.70 per cent to 82.22 MT from 77.79 MT in May 2022. First-mile connectivity refers to the transportation of coal from pitheads to dispatch points. The cumulative coal dispatch in April-May FY24 stood at 162.44 MT as against 149.76 MT in the year-ago period. This upturn
The production growth of eight key infrastructure sectors slowed down to a six-month low of 3.5 per cent in April 2023 due to a decline in the output of crude oil, natural gas, refinery products and electricity. The core sector growth was 9.5 per cent in April 2022 while in March 2023 the key infra sectors recorded a growth rate of 3.6 per cent. The growth rate in April 2023 is the lowest since October 2022 when the sectors expanded by 0.7 per cent. Coal production growth declined to 9 per cent in April this year, according to the official data released on Wednesday. Fertiliser production soared by 23.5 per cent, steel by 12.1 per cent and cement output by 11.6 per cent in April, the data showed.
The Gevra Mega project is currently the largest coal-producing mine in India and is in second position in the Asia-pacific region
India's coal production rose by 8.5 per cent to 73.14 million tonnes (MT) during April 2023, according to the ministry of coal. In April 2022, the country's overall coal production was at 67.20 MT, as per the ministry data. India achieved 94.89 per cent of the 77.08 MT production target for April 2023, the data showed. Coal India along with its subsidiaries produced 57.57 MT coal, up 7.67 per cent over 53.47 MT in April 2022. The coal production of Singareni Collieries Company Ltd (SCCL) rose by 4.77 per cent to 5.57 MT, from 5.32 MT in the same month a year ago. While the production from other captive mines was at 10 MT, against 8.41 MT in April 2022, registering a rise of 18.93 per cent. Against the 82.26 MT target for April 2023, India's coal despatch was at 80.35 MT, up 11.66 per cent from 71.96 MT during April 2022. The despatch to power utilities rose by 6.66 per cent to 65.41 MT last month, as compared to 61.33 MT in April last year. India is among the top five coal-prod
CIL will award its mines to private contractors through the 'mine developer and operator (MDO)' mode
India's coal production has registered a growth of about 23 per cent in last five years to 893.08 million tonnes (MT) in FY23, an official statement said on Wednesday. "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 per cent," the coal ministry said. In the last five years, the production of Coal India Limited (CIL) has increased to 703.21 MT from 606.89 MT in FY19, registering a growth of 15.9 per cent. While Singareni Collieries Company Limited (SCCL) has registered a growth of 4.3 per cent at 67.14 MT in FY23 compared to 64.40 MT in FY19. Contribution from captive and other mines to the total coal output also increased to 122.72 MT in FY23, up 113.7 per cent from 57.43 MT in FY19.
In a first, the coal ministry has set an ambitious target of 1 billion tonne coal production during 2023-24 under its 'Action Plan' for the sector and a capex target of Rs 21,030 crore for its PSUs. In a statement, the ministry said it has conceptualized the Action Plan for FY24 with the goal of achieving Aatmanirbhar Bharat by enhancing the production, efficiency, sustainability, new technologies etc in the coal sector. "It is an ambitious, well-crafted roadmap that covers a variety of areas including a total coal production target of 1012 MT for 2023-24," it said. The ministry has already taken various steps to increase the coal production and efficiency like mining developers cum operators (MDO) for the operationalization of CIL (Coal India) mines/blocks and production in discontinued/abandoned mines on the revenue sharing basis. The ministry has also formulated a strategy to enhance coking coal availability in the country to reduce imports. Coal companies along with the ministr