Page 6 - Coal Production

Reforms in coal, mining sector led to increased revenues: Pralhad Joshi

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) ..

Coal production up 7.10% YoY at 76.26 MT in May, dispatch rises 5.7% MoM

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

Key infrastructure sector growth slows down to 6-month low of 3.5% in April

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.

Centre plans to make Chhattisgarh's Gevra Asia's largest coal mine

The Gevra Mega project is currently the largest coal-producing mine in India and is in second position in the Asia-pacific region

Coal production grows 8.5% to 73 tonnes in April, says Coal Ministry

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

Coal Min sets 1-bn tonne target for FY; aims Rs 50k-cr asset monetisation

CIL will award its mines to private contractors through the 'mine developer and operator (MDO)' mode

India's coal production rises 22.6% in 5 years to 893.08 mn tonnes in FY23

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.

Govt aims for 1 bn coal production, Rs 21,030 cr capex for PSUs in FY24

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

NTPC coal output from captive mines more than doubled to 2.75 mt in April

State-owned NTPC Ltd on Tuesday reported an over two-fold jump in production of coal from its captive mines at 2.75 million metric tonnes in April 2023. "NTPC recorded 2.75 million metric tonnes (MMT) of coal production during the month of April 2023 as compared to 1.11 MMT recorded for the month of April 2022," a company statement said. Coal despatch at 2.95 MMT in April 2023 over despatch volumes of 1.23 MMT achieved in April 2022 was highest ever. NTPC recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65 per cent growth against 14.02 million tonnes a year-ago from its four operational coal mines -- NTPC Pakri-Barwadih (Jharkhand), NTPC Chatti Bariatu (Jharkhand), NTPC Dulanga (Odisha) and NTPC Talaipalli (Chhattisgarh). NTPC Group installed power capacity stands at 71,644 megawatt (MW) at present. Meanwhile, in a regulatory filing, the company said the unit-1 of 660 MW of 1320 MW (2x660) Maitree Super Thermal Power Plant (MSTPP) at Rampal, Mongla, Bagerhat

Expensive coal imports, logistics may result in higher electricity bills

An unnamed senior executive said that expensive imports combined with increased transportation costs may lead to an increase of 40 paise per kilowatt hour (kWh)

ECL aims at more than double underground coal production of 20 mt by 2028

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, is focusing on expanding its underground mining operations to achieve more than double production from such activity at 20 million tonne by 2028, a senior official said on Sunday. This has been planned to support Coal India's target to ramp up underground coal production from all mining subsidiaries to 100 million tonne by 2030 from a level of 25-26 million tonne now, he said. ECL underground coal commands a premium of three to four times over average notified prices, and now, it accounts for 25 per cent of its total production, while the rest is from open cast operation, ECL Director (Technical), Niladri Roy said. The miner aims at achieving the goal through a combination of strategies, like greater automation, engaging mine developers and operators (MDOs), and offering abandoned blocks to the private sector for residual coal mining in a revenue-sharing model, he said. We are currently producing nine million tonne from aro

52 coal projects to power 1-bn-tonne goal by 2026: CIL CMD Pramod Agarwal

'We will look at exports after fulfilling the fuel supply commitments and meeting the domestic coal demand of both the power and non-regulated sectors'

CIL coking coal production sees quantum leap of 8MT, rises by 17% in FY23

The production of coking coal by Coal India Ltd (CIL) rose by 17.2 per cent year-on-year (y-o-y) to 54.6 million tonnes (MT) in 2022-23. The state-owned miner had produced 46.6 MT coking coal during the preceding 2021-22 fiscal, it said in a statement. "The quantum leap was a whopping 8 MT. This assumes significance at a time when the Ministry of Coal has asked CIL to elevate the output of this category of coal to 105 MT by 2030 in a bid to reduce its imports and forex outgo," it said Subsidiary companies Bharat Coking Coal Ltd (BCCL) and Central Coal Fields (CCL) together accounted for almost the entire output of 54.3 MT in 2022-23. While BCCL produced nearly 33.7 MT during FY23, CCL contributed 20.6 MT. Coking coal is an important feedstock in steel making. In India, its mineable reserves are scarce and also its quality inadequacy for direct use in steel making necessitates washing. During FY23 coking coal imports were to the tune of 56 MT, down by 1.1 MT compared to 57.1 MT in

Coal ministry to hold discussions with coal block allottees on Apr 12

Coal ministry officials will interact with the representatives of captive and commercial coal block allottees on Wednesday to discuss ways to increase coal production and other issues. The meeting, to be held in the national capital on April 12, will be attended by Coal Secretary Amrit Lal Meena and Additional Coal Secretary and Nominated Authority M Nagaraju. "In order to ensure India's energy needs, the ministry will hold an interactive session with allottees of captive and commercial coal blocks. "It will showcase significant reforms implemented to make the sector more appealing and will also solicit feedback and suggestions from all stakeholders in order to expand the domestic coal production, lower the need for imported coal, and facilitate ease of doing business in the country," the ministry said in a statement on Monday. The ministry will also review the actual coal production for the fiscal 2022-23 as well as the production targets for the year 2023-24. The ministry launch

India's coal imports rise 32% to 148.58 mn tonnes in Apr-Feb: Report

India's coal imports increased by 32 per cent to 148.58 million tonne (MT) in April-February FY23 against 112.38 MT in the year-ago period, according to a report. The import of coking coal rose 7.69 per cent to 50.50 MT during April-February FY23 compared to 46.89 MT a year ago, mjunction said in its latest report. In February 2023 alone, the non-coking coal import stood at 11.68 MT against 9.42 MT in the same month last year. Coking coal imports were 4.40 MT against 4.03 MT imported in February 2022. 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 imports. mjunction MD Vinaya Varma said, "The softening of seaborne prices coupled with high domestic demand resulted in continued buying interest among Indian traders and ...

Coal production rises by 12% to 107.84 mn tonnes in March 2023: Ministry

At the same time, coal dispatches increased by 7.49 per cent to 83.18 million tonnes from 77.38 million tonnes during March 2023 as compared to March 2022

To boost production, govt may provide Rs 50/kg support for green hydrogen

The government plans to provide Rs 50 per kg of hydrogen in the first year and the support will be brought down to Rs 30 per kg of production in the third year

CCL registers record output at 76.09 mt in FY'23, logs 11% growth

Central Coalfields Limited (CCL), a Coal India subsidiary, has posted a record output of 76.09 million tonne (MT) in 2022-23 fiscal, registering 11 per cent growth over the previous fiscal's production of 68.85 million tonne. The target for the fiscal, which ended on Friday, had been fixed at 76 mt. "This is for the first time since 2018-19 when target was not only achieved but it surpassed too," CCL chairman-cum-managing director PM Prasad. Speaking to media persons here on Saturday, he said that the production target for the current fiscal of 2023-24 is 84 million tonne. The Jharkhand-based CIL arm also achieved a record off-take at 75.03 mt during the last financial year, with an increase of 4.5 per cent against 71.8 mt achieved in fiscal 2021-22. "The company's overburden removal (OBR) rose to historic high at 107 million cubic metres (MCuM) in 2022-23 with growth of 7 per cent against 100.1 MCuM in 2021-22," he said. Dispatch to power sector surged by 8.8 per cent from 59.2 m

Coal India's production touches all-time high of 700 million tonnes

Volume surpasses CIL's own output target, is up 12% over last year's figure

Coal imports fall by 25% in 3 yrs as India aims to up domestic production

Coal imports have seen a 25% fall in the last three years as India strives to increase domestic production and reduce dependence on imports