In a significant development for India’s energy sector, two new coal mines, boasting a combined Peak Rated Capacity (PRC) of 7.5 million tonnes, commenced production in January 2024. This brings the total number of active coal mines to 53, up from 51, as the Ministry of Coal takes strides toward meeting the nation’s growing energy demands and the vision of AtmaNirbhar Bharat.
As of March 31, 2023, there were 47 operational captive and commercial coal mines. Over the course of the year, six additional mines began production, culminating in the current tally of 53 mines. Out of these, 33 are designated for captive power consumption, 12 for captive consumption in the Non-Regulated Sector, and eight for the commercial sale of coal.
January 2024 saw a remarkable surge in coal production, reaching approximately 14.30 million tonnes. This represents a substantial year-on-year growth of 29% compared to the 11.06 million tonnes recorded in the same month of the previous year. Simultaneously, coal dispatch also soared, hitting 12.86 million tonnes, marking a 27% increase from the 10.12 million tonnes dispatched in January 2023.
The cumulative production and dispatch from captive and commercial coal mines during the ten months of the current fiscal year, from April 1, 2023, to January 31, 2024, have witnessed an impressive surge. Coal production stands at around 112 million tonnes, reflecting a 26% year-on-year growth, while dispatch has reached 116 million tonnes, demonstrating an even more substantial 31% increase compared to the corresponding period in FY 2022-23.
The overall production trajectory is poised to set a historic record, with coal production expected to surpass the 116.55 million tonnes recorded in the entirety of FY 2022-23. The Ministry of Coal remains steadfast in its commitment to streamlining operational procedures for coal blocks to ensure timely production and dispatch. These efforts are aligned with the overarching goal of AtmaNirbhar Bharat, emphasising self-reliance and sustainability, while simultaneously meeting the escalating energy demands of the nation.
