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The coal production in India witnessed a significant increase of 10.3% in January, reaching 99.73 Million Tonne (MT), compared to the same period last year. This surge in output marks a substantial growth from the 90.42 MT recorded in January of the previous fiscal year.
According to a statement by the coal ministry, the coal production during the April-January period of the current fiscal year stood at 784.11 MT (Provisional), surpassing the 698.99 MT produced during the same period in 2022-23.
In addition to the rise in production, the country’s coal dispatch in January also experienced a notable increase, reaching 87.37 MT compared to 82.02 MT in the corresponding month of the previous fiscal year.
The statement further revealed that as of January 31, coal companies held a stock of 70.37 MT, reflecting an annual growth rate of 47.85%. Additionally, the coal stock at Domestic Coal Based Thermal Power Plants (TPP) reached 36.16 MT on the same date, with an annual growth rate of 15.26%.
These developments indicate a positive trend in India’s coal sector, with increased production, dispatch, and stockpile levels. The surge in coal output is expected to contribute to the country’s energy requirements and support various industries dependent on coal for power generation and manufacturing.
Original Source: Newsearay
In January, coal production witnessed a significant surge, increasing by 10.3% to reach 99.73 million tonnes. This notable growth indicates a positive trend in the coal industry, potentially impacting various sectors reliant on coal as an energy source.
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