India records historic growth in coal output at 892 MT in FY23: Joshi

New Delhi: India has recorded historic growth in its coal output at 892.21 million tonnes (MT) in 2022-23, Union Coal Minister Pralhad Joshi said on Saturday. At 892 MT, the country's total coal production is 14.65 percent higher than the 778.21 MT produced in 2021-22 fiscal, the minister said in a statement.

"This is a historic moment for the coal sector. I congratulate all the coal warriors and stakeholders for the record growth. Despite the stiff targets, CIL, SCCL, along with captive and commercial mines have produced more than 892 MT of coal in FY23," Joshi said.

CIL produced 703.2 MT of coal

Joshi said that Coal India Ltd (CIL) has done a tremendous job by surpassing its FY23 fiscal's target and produced 703.2 MT of coal, which is 12.94 percent up from 622.63 MT in 2021-22. Further, Singareni Collieries Company Limited (SCCL) produced 67.14 MT as against 65.02 MT a year ago, registering a rise of 3.25 percent. The captive and commercial mines producers produced 121.88 MT of coal, up by 34.59 percent from 90.56 MT in the preceding financial year.

'Coal sector to meet growing energy demand'

"Coal sector's contribution to the growth of the economy is powering the rise of India under the leadership of PM Narendra Modi and we will continue to meet the growing energy demand of the nation," he said.
The minister also said that India has adequate coal reserves and the country aims to begin exporting dry fuel by 2024-25. From a net importer of coal, India is moving towards becoming a net exporter of non-coking coal, he said.

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