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The country’s production target of the fossil fuel for 2023-24 is 1,012.14 MT.
expressed confidence that the country’s coal production will cross one billion tonnes in the ongoing financial year.
The country’s production target of the fossil fuel for 2023-24 is 1,012.14 MT.
The estimated demand of coal in the current fiscal is 1,196.60 million tonne (MT).
The demand of electricity by 2030 is going to double and to cater to the need the country needs coal, the minister said.
With the completion of the ninth round of auction, the sale of 100 coal blocks would be completed.
A total of 31 coal mines are being offered in the ninth round of commercial coal mine auctions. The mines being auctioned are spread across coal, lignite-bearing states of Jharkhand, Chhattisgarh, Madhya Pradesh, and Telangana.
First Published: Dec 20 2023 | 9:46 PM IST
India’s Coal and Mines Minister, Pralhad Joshi, has expressed confidence that the country’s coal production will surpass one billion tonnes in the current financial year. The country’s production target for coal in 2023-24 is 1,012.14 million tonnes (MT). Speaking at the launch of the ninth round of commercial coal mine auction, Minister Joshi stated that this year’s production will exceed one billion tonnes. The estimated demand for coal in the current fiscal year is 1,196.60 MT. The minister emphasized the need for coal to meet the country’s doubling electricity demand by 2030. The ninth round of auction includes 31 coal mines located in Jharkhand, Chhattisgarh, Madhya Pradesh, and Telangana. With the completion of this round, the sale of 100 coal blocks will be finalized. The article also mentions that India’s coal production is set to cross one billion tonnes in FY24, according to Pralhad Joshi.
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