India's coal production in July grows by 14.11% y-o-y

New Delhi: The Ministry of Coal has achieved a substantial surge in overall coal production during the month of July 23, reaching 68.75 Million Tonne (MT), surpassing the figures of 60.25 MT of the month July 2022, representing an increase of 14.11 percent year-on-year, said the Ministry of Coal on Tuesday. The production of Coal India Limited (CIL) has increased to 53.63 MT in the month of July 23 as compared to 47.29 MT in July 2022, registering a growth of 13.41 percent. The cumulative coal production (up to July 23) has seen a quantum jump of 292.12 MT (provisional) in FY 2023-24 as compared to 265.94 MT during the same period in FY 2022-23 with a growth of 9.84 percent.

Coal dispatch grows by 10.19% in July

Additionally, coal dispatch witnessed a significant boost in July, reaching an impressive 74.33 MT, showcasing notable progress compared to the 67.46 MT recorded in July 22, with a growth rate of 10.19 percent. At the same time, captive/others coal dispatch demonstrated outstanding performance, reaching 11.48 MT in July, compared to 9.74 MT in July 2022, representing a growth of 17.83 percent. The cumulative coal dispatch (up to July 23) has seen a significant jump of 314.30 MT (Provisional) in FY2023-24 as compared to 291.59 MT during the same period in FY 22-23 with a growth of 7.79 percent.

"This highlights the efficiency of the coal supply chain in ensuring smooth distribution of coal across the country. Ministry of Coal is committed to ensure consistent coal production and dispatch during monsoon season and has implemented a range of strategies to safeguard mining operations and enhance operational efficiency," said the ministry.

The coal sector has seen an unprecedented upswing as coal production, dispatch, and stock position reached remarkable heights. The relentless dedication of coal PSUs has been instrumental in driving extraordinary growth. The Ministry of Coal remains committed to collaborated efforts, technological advancement and sustainable practices to ensure a reliable and resilient energy sector.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, Join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)