Following an official statement of July 3rd, the Ministry of Coal announced that its production of coal from captive and commercial coal mines has increased from 29.26 Million Tonnes (MT) in Q1 of FY24 to 39.53 MT in Q1 of FY25, clocking a growth of 35% year-on-year.
The official statement read, “The Ministry of Coal has achieved a remarkable increase in coal production and dispatch from captive and commercial coal blocks for the first quarter i.e. period of 1st April 2024 to 30th June 2024 of the current financial year compared to the same period last year.”
The production of coal from the power sector’s captive coal mines has posted the most impressive increase, owing to the demand for more coal for power generation in the backdrop of a consistent rise in peak power demand. The output from this category of mines rose from 25.02 MT in Q1 of last year to 30.16 MT in Q1 of this year, marking a 20.5% year-on-year growth.
In its official statement, the Ministry of Coal lauded the tireless efforts of all the stakeholders, including coal companies and industry partners, for their crucial support. The Ministry of Coal remains firmly committed to assisting all coal block allottees in overcoming challenges and optimising their operations. The primary goal of the Ministry is to significantly boost coal production, ensuring a consistent and reliable supply to meet our nation’s escalating energy needs. Through collaborative efforts and targeted support, the Ministry aims to enhance efficiency, sustainability, and output across the coal sector.
