India’s coal output up by 8.76% in April

2 May 2023 , 04:20 AM

In April of this year, India’s coal production increased 8.67% year over year to a record 73.02 million tonnes. According to a statement from the coal ministry, ‘India’s coal production has made a new record for the highest production during the month of April 2023, achieving 73.02 million tonnes (MT) of coal with a growth of 8.67% as compared to 67.20 MT during April 2022.’

In April 2023, Coal India Ltd (CIL) recorded a production of 57.57 MT, up 7.67% from April 2022’s production of 53.47 MT.

By better utilizing the mining capabilities of captive/private coal blocks, the Ministry of Coal has paved the way for the release of additional coal onto the market, which has resulted in an increase in coal production of 17.52% to 9.88 MT (provisional figure) in April 2023 compared to 8.41 MT in April 2022.

The total coal despatch (supply), which increased from 71.99 MT in April 2022 to 80.45 MT in April 2023, saw an increase of 11.76%.

This is mostly because of the measures taken by the ministry under PM Gati Shakti to upgrade the rail link infrastructure for all significant mines to allow quicker evacuation.

The coal ministry has signed 29 agreements for mines that were up for auction in the 6th round of auction. It has submitted 103 coal/lignite blocks for auction under the 7th round of auction to increase the availability of coal.

29 coal mines produce 74 million tonnes of PRC annually.

PRC refers to a coal mine’s maximum production capacity, or, to put it another way, the most coal that can be extracted from it each year.

It claimed that efforts by the government to boost domestic production will reduce the country’s reliance on imported coal and save a sizable amount of foreign currency.

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