Trending TopicsIpl 2024Lok Sabha 2024

---Advertisement---

‘Coal production has seen 23% growth in last five year’: says gov

New Delhi: India’s overall coal Production has seen a quantum jump to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 22.6%. The priority of the Ministry is to enhance domestic coal production to reduce the dependence on substitutable coal imports. In the last 5 years, […]

Edited By : Aditya Singh | Updated: May 4, 2023 14:02 IST
Share :
Coal production

New Delhi: India’s overall coal Production has seen a quantum jump to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 22.6%. The priority of the Ministry is to enhance domestic coal production to reduce the dependence on substitutable coal imports.

In the last 5 years, the production of Coal India Limited (CIL) has increased by 703.21 MT (Million tonnes) as compared to 606.89 MT in FY 2018-2019 with a growth of 15.9%. SCCL has shown impressive growth at 67.14 MT in FY 2022-23 from 64.40 MT in FY 2018-19 with a growth of 4.3%. Captive and other mines have also taken a lead in coal production by 122.72 MT in FY 2022-23 from 57.43 MT in FY 2018-19 with a growth of 113.7%.

Ministry of Coal has initiated several measures to ramp up domestic coal production to achieve self-reliance to meet the demand of all sectors and ensure adequate coal stocks at thermal Power Plants. The exceptional growth in coal production has paved the way for energy security of the Nation. The annual Coal Production target set for the FY 2023- 2024 is 1012 MT.

Read More :-NATIONAL MANUFACTURING INNOVATION SURVEY RANKINGS: KARNATAKA MOST INNOVATIVE, WHILE BIHAR STANDS LOW

Apart from this, Ministry is proactively involved in promoting sustainable development in conjunction with coal production, by emphasising environmental protection, resource conservation, societal welfare, and measures to preserve our forests and biodiversity. Ministry of Coal has also formulated a strategy to develop an integrated approach for eliminating road transportation of coal in mines and has taken steps to upgrade mechanized coal transportation and loading system under ‘First Mile Connectivity’ projects.

Also Read: After Sharad Pawar, Jitendra Awhad, others resign from NCP

Read More :- Latest Business News

First published on: May 03, 2023 04:00 PM IST

Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story