Amidst a recent development, the Ministry of Coal has assured ample availability and supply of coal to the power and fertilizer sectors and the non-regulated sectors (NRS), like steel, cement, paper and sponge iron. It must be mentioned that the Ministry has set an ambitious coal production target of 1,080 Metric Tonnes (MT). As of July 19th, coal production was 294.20 MT, reflecting a robust growth rate of 10.70% compared to the same period last year, which was 265.77 MT.
In an official statement, the Ministry stated, “In line with the guiding principles laid down by the Hon’ble Prime Minister for ‘Working with the nation as a whole approach and breaking silos,’ the Ministry of Coal, in coordination with the Ministry of Railways, Ministry of Power, and other relevant departments, is committed to ensuring an adequate supply of coal at notified prices for the Power and Fertilizer sectors. This initiative also extends to non-regulated sectors, including Steel, Cement, Paper, and Sponge Iron, which are vital for the country’s economic growth.“
Speaking on the development of the surge in its coal dispatch, the Ministry officials stated, “This increase in dispatch not only supports the operational needs of key industries but also contributes to the overall stability of the energy market. The Ministry of Coal remains dedicated to ensuring that coal remains an affordable and accessible resource for all sectors of the economy, thereby reinforcing the nation’s commitment to growth and development.“
The Ministry aims to galvanise the country’s energy security and support key economic sectors by maintaining a steady and reliable supply of coal. Through these strategic initiatives, the Ministry of Coal is set to play a pivotal role in driving the nation’s economic progress and ensuring that the coal supply remains both adequate and cost-effective for reliant industries.
