In a remarkable feat, the Ministry of Coal has reported an outstanding upswing in coal production during the month of January 2024, reaching a staggering 99.73 Million Tonnes (MT). This achievement not only surpasses the figures from the corresponding month in the previous year but also marks a significant increase of 10.30%.
A major contributor to this success is the commendable performance of Coal India Limited (CIL), which saw its production rise to 78.41 MT in January 2024. This reflects a robust growth of 9.09% compared to the same period in 2023 when it produced 71.88 MT. The cumulative coal production up to January 2024 has seen an impressive leap of 784.11 MT (Provisional) in the financial year 2023-24, showcasing a remarkable growth rate of 12.18% compared to the corresponding period in the previous fiscal year.
Not just production, but coal dispatch figures have also witnessed a significant boost in January 2024, reaching 87.37 MT compared to 82.02 MT recorded in January 2023. This represents a notable growth rate of 6.52%. Coal India Limited (CIL) demonstrated outstanding performance in dispatch as well, reaching 67.56 MT in January 2024, a growth of 4.83% compared to January 2023. The cumulative coal dispatch (up to January 2024) stood at a robust 797.66 MT (Provisional) in FY’ 23-24, exhibiting a commendable growth of 10.82%.
As of January 31, 2024, the coal stock held by coal companies witnessed a notable surge, reaching 70.37 MT. This surge reflects an impressive annual growth rate of 47.85%, underscoring the robust performance and efficiency of the coal sector. Simultaneously, the coal stock at Thermal Power Plants (TPP), specifically at the location identified as DCB, marked a notable increase to 36.16 MT on the same date, with an annual growth rate of 15.26%.
