Coal

Indiaโ€™s coal production soars, fuelling energy self-sufficiency

In a remarkable show of resilience and growth, the Ministry of Coal has announced a significant surge in coal production and dispatch for the month of October 2023, underscoring Indiaโ€™s steadfast commitment to securing its energy needs and reinforcing its role as a major player in the global energy landscape.

The Ministry of Coal proudly reports that the overall coal production for October 2023 reached an astonishing 78.65 Million Tonnes (MT), a remarkable increase of 18.59% compared to the same month in the previous year when it stood at 66.32 MT. This achievement signifies a substantial leap in coal output, showcasing Indiaโ€™s dedication to energy self-sufficiency.

One of the driving forces behind this impressive growth is the outstanding performance of Coal India Limited (CIL), which produced 61.07 MT of coal in October 2023, marking a 15.36% increase from the 52.94 MT produced in October 2022. This remarkable upswing in coal production not only meets the nationโ€™s immediate energy demands but also paves the way for future development and economic growth.

The cumulative coal production for the fiscal year 2023-24 has seen a substantial increase, reaching 507.02 MT, compared to the 448.49 MT recorded during the same period in the previous fiscal year (2022-23). This impressive growth, amounting to 13.05%, further solidifies Indiaโ€™s position as a key player in the global coal market.

Additionally, the Ministry of Coal has witnessed a remarkable boost in coal dispatch during October 2023. A total of 79.30 MT of coal was dispatched, showcasing an 18.14% increase from the 67.13 MT dispatched in October 2022. This exceptional rise in coal dispatch reflects Indiaโ€™s commitment to not only produce coal but also efficiently distribute it to meet the nationโ€™s growing energy demands.

Coal India Limited (CIL) played a significant role in this success story, dispatching 61.65 MT of coal in October 2023, compared to 53.69 MT in the same month last year. This achievement represents a growth rate of 14.83%, highlighting CILโ€™s commitment to ensuring a steady and reliable supply of coal to support the nationโ€™s development and energy requirements.

The notable surge in both coal production and dispatch underscores Indiaโ€™s advancing energy self-sufficiency and its unwavering determination to meet forthcoming energy demands. The Ministry of Coal remains resolute in its commitment to ensuring continuous coal production and distribution, thereby securing a dependable energy supply that bolsters the nationโ€™s ongoing development.

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