In a remarkable achievement, the Ministry of Coal has reported a substantial surge in coal production, reaching 67.21 million tonnes (MT) in September 2023, marking a significant 16% increase compared to the same period in the previous year. This outstanding growth highlights the coal sector’s resilience and commitment to contributing to the nation’s energy security and economic development.
Coal India Limited (CIL), the nation’s leading coal producer, played a pivotal role in this success story. CIL’s production soared to 51.44 MT in September 2023, a notable 12.63% increase from the 45.67 MT produced in September 2022. The cumulative coal production for the fiscal year 2023-24 also witnessed an impressive rise to 428.25 MT, reflecting a growth of 12.06% compared to the same period in FY 2022-23, when 382.16 MT was produced.
In addition to increased production, coal dispatches also experienced significant growth in September 2023. The country dispatched a staggering 70.33 MT of coal, a remarkable 15.12% increase from the 61.10 MT dispatched in September 2022. Coal India Limited (CIL) was a key contributor to this achievement, dispatching 55.06 MT in September 2023, up by 12.57% from the 48.91 MT dispatched in September 2022. The cumulative coal dispatches for the fiscal year 2023-24 surged to 462.32 MT, demonstrating a robust growth rate of 10.96% compared to the corresponding period in FY 2022-23, with 416.64 MT dispatched.
The coal sector’s unprecedented upswing is a testament to the unwavering dedication of Coal Public Sector Undertakings (PSUs). Their efforts have played a pivotal role in driving this extraordinary progress, ensuring the seamless distribution of coal across the nation. This achievement underscores the efficiency of the coal supply chain and its role in maintaining a reliable and resilient energy sector.
The Ministry of Coal reaffirms its commitment to sustaining consistent coal production and dispatch, which is essential for ensuring an uninterrupted supply and supporting the nation’s continued growth and prosperity. This surge in coal production not only enhances India’s energy security but also bolsters the economy, creating opportunities for job growth and infrastructure development.