In a resounding testament to its commitment towards achieving the vision of an ‘Aatmanirbhar Bharat’ and ensuring energy security, the Ministry of Coal has achieved remarkable milestones in coal production, stock management, and dispatch. The ministry’s unwavering dedication to maintaining an uninterrupted coal supply. This has resulted in a surge in coal stock, showcasing the effectiveness of its strategies and operational efficiency.
The latest data released by the Ministry of Coal reveals an outstanding 24.7% increase in the overall coal stock position as of August 23, 2023. The combined coal stock at mines, thermal power plants (TPPs), and in transit has soared. It has incresed to an impressive 88.01 million tonnes (MT), compared to 70.61 MT on the same date last year. This substantial growth not only underscores the ministry’s commitment but also ensures a steady supply of coal for various sectors.
Notably, Coal India Limited (CIL), a key player in the coal industry, has exhibited a remarkable growth trajectory in its pithead coal stock. As of August 23, 2023, CIL’s pithead coal stock stands at 46.13 MT. This reflects an impressive growth rate of 45.5% from the previous year’s stock of 31.70 MT. This surge highlights the effective stock management strategies employed by CIL and its unwavering focus on operational efficiency.
The power sector, a significant consumer of coal, has also witnessed positive developments. The cumulative coal dispatch to the power sector for the fiscal year 2023-24, as of August 23, 2023, has reached a notable achievement of 307.97 MT. This figure marks a substantial growth rate of 5.6% when compared to the same period in the previous year. This growth ensures a consistent and uninterrupted supply of coal, crucial for meeting the energy requirements of the power sector.
A remarkable achievement in coal production further underlines the Ministry of Coal’s efforts. The cumulative coal production for the fiscal year 2023-24 has reached an impressive 340.31 MT as of August 23, 2023. This outstanding figure reflects a robust growth rate of 10.52% compared to the previous year’s production of 307.92 MT during the same period.
The ministry’s relentless pursuit of enhancing coal dispatch has resulted in a remarkable increase. The overall coal dispatch has surged to 371.11 MT as of August 23, 2023. This marks a commendable growth rate of 9.58% compared to the dispatch figures of 338.66 MT for the same period last year.
