Coal India Ltd (CIL) reported a 7.3% increase in coal production to 61.8 million tonnes (MT) in April compared to 57.6 MT in the same period last year. CIL, which contributes over 80% of domestic coal production, also saw a 3.2% rise in coal offtake to 64.3 MT. Despite producing 773.6 MT in FY24, CIL fell short of its target of 780 MT.
Coal India Production: Coal India Ltd (CIL) reported a 7.3% increase in coal production to 61.8 million tonnes (MT) in April compared to 57.6 MT in the same period last year. CIL, which contributes over 80% of domestic coal production, also saw a 3.2% rise in coal offtake to 64.3 MT. Despite producing 773.6 MT in FY24, CIL fell short of its target of 780 MT.
The coal ministry is preparing to auction 30 new coal blocks in May, aiming to boost domestic coal production and reduce imports. Learn more about the upcoming coal mine auction and its impact on the energy sector.
India achieved a historic milestone, surpassing 1 billion tonnes of coal and lignite production in FY23-24, compared to 937 MT in the previous fiscal. Union Minister Pralhad Joshi credited PM Modi s leadership for this achievement, ensuring energy security and reducing coal imports. The country aims to eliminate coal imports by 2025-26.
Domestic coal production and supply rise, leading to a 40% dip in coal imports for blending at power plants. Despite a 10% increase in thermal generation, the April-Dec period of 2023 saw a decline in coal import for blending. The country s domestic coal-based generation also rose by 7%. The government aims to meet future coal demand for power generation from domestic sources.