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Coal production from captive -; commercial blocks increases 58% in April-August

7 Sept 2022 , 09:17 AM

Coal production from coal blocks during April-August for the current fiscal 2022-23 has been reviewed by the Additional Secretary & Nominated Authority, of the Ministry of Coal, in the presence of project proponents.

Coal production achieved during April-August, 2022-23 is 43.93 million ton which is 57.74 % higher than 27.85-million-ton coal produced during the same period last year.

According to the government released data, two mines auctioned in 2021 under commercial auction reforms have become operational and produced 2.36-million-ton coal in April-August, 2022-23. At present, 37 captive and commercial mines are under production, and it is expected that at least 11 more new mines will start its production during the current year to meet coal demand in the country.
The Coal Ministry appreciated the efforts of coal blocks allocattees on attaining such high growth figure and optimistic that the target production of 141.78 million ton from these coal blocks during FY 2022-23 will be achieved.
Further, at the same time, it was noted that Parsa East & Kanta Basan coal block production has stopped its operations, and Parsa coal block production has not started to which continued stoppage may adversely impact achievement of target this year.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • August data
  • captive & commercial blocks
  • coal exports
  • coal imports
  • Coal Ministry
  • coal prices
  • coal production
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