The Ministry of Coal reported a 7.12% increase in coal production and dispatch for fiscal year 2024-25, reaching a cumulative output of 370.67 million metric tons. By August 25, 2024, coal dispatches increased by 5.48% from the previous year, reaching 397.06 MT.
The power sector saw a significant increase in coal dispatches, reaching 325.97 MT, despite a limited initial stock at thermal power plants, ensuring a steady supply. As of August 25, 2024, coal stock reached 121.57 MT, a 36.2% increase from 89.28 MT in the previous year, and 37.55 MT at TPPs, a 27.41% increase.
Ministry of Coal Reports Growth in Production & Dispatch for FY 2024-25
The Ministry of Coal has reported significant growth in coal production and dispatch for the financial year 2024-25. This increase is attributed to enhanced mining operations, infrastructure improvements, and policy initiatives aimed at boosting domestic coal output.
Key Highlights
- Production Growth: Coal production saw a substantial rise compared to the previous fiscal year, ensuring better availability for industries and power plants.
- Increased Dispatch: Efficient logistics and supply chain management led to improved dispatch numbers, reducing dependency on coal imports.
- Policy Initiatives: Government reforms, including auction-based allocations and private sector participation, contributed to the sector’s expansion.
- Sustainability Measures: Focus on environmentally friendly mining practices and rehabilitation programs to ensure sustainable growth.
Impact on Power and Industrial Sectors
- Stable Power Supply: Increased coal availability supports thermal power generation, reducing the risk of power shortages.
- Industrial Growth: Reliable coal supply benefits industries such as steel, cement, and manufacturing.
- Reduced Import Dependence: Higher domestic production decreases reliance on costly imports, improving the trade balance.
Future Outlook
The Ministry aims to further enhance coal output through advanced mining technologies, digitalization, and continued investment in transportation infrastructure. The government’s vision for self-sufficiency in coal aligns with broader economic and energy security goals.
Group Media Publication
Construction, Infrastructure and Mining
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