The cumulative coal manufacturing and dispatch from each captive and industrial mines within the nation skilled a notable surge within the interval spanning from April 1, 2023, to February 29, 2024. In line with knowledge disclosed by the Coal Ministry on Saturday, the figures stood at 126.80 million tonnes and 128.88 million tonnes, respectively, representing a powerful progress of 27.06 per cent and 29.14 per cent in comparison with the corresponding interval within the prior 12 months.
This notable upswing in coal manufacturing underscores the improved effectivity and strong logistics community, essential for fortifying India’s vitality safety and diminishing its dependency on imported coal. The ministry emphasised that these endeavours align with the federal government’s imaginative and prescient of fostering self-reliance and championing the ‘Make in India’ marketing campaign.
The surge in manufacturing might be attributed to the profitable implementation of presidency coverage reforms, notably the clear e-auctioning of economic mines. As of February 29, the full variety of operational mines tallied 54, with 35 earmarked for the ability sector, 11 for the non-regulated sector, and eight designated for coal gross sales within the open market.
Moreover, 91 mines have been efficiently auctioned beneath industrial coal auctions, with seven mines already within the coal manufacturing section. Notably, the coal manufacturing and dispatch figures for February 2024 reached 14.85 million tonnes (MT) and 12.95 MT, respectively, witnessing a considerable enhance of 37 per cent and 33 per cent in comparison with the identical month within the monetary 12 months 2022-23.
The typical day by day coal manufacturing and dispatch charge stood at 5.12 lakh tonnes and 4.46 lakh tonnes, respectively, underscoring constant efficiency. The Coal Ministry emphasised its dedication to sustaining this progress trajectory and highlighted ongoing efforts to streamline operations and fortify infrastructure to fulfill the escalating vitality calls for of the nation within the coming years.
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