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India's Apr-Feb coal prodn reaches 880.72 MT
Photo Courtesy: Unsplash

India's Apr-Feb coal prodn reaches 880.72 MT

| @indiablooms | 06 Mar 2024, 12:30 am

New Delhi: India's coal production for April-February this fiscal reached 880.72 million tonnes (MT), bringing it within 119.28 MT of the FY24 target of 1 billion tonnes.

In the previous fiscal year 2022-23, India produced a total of 893 million tonnes (MT) of coal.

The government has set a target to produce 1 billion tonnes (BT) of coal for the ongoing fiscal year 2023-24.

According to the Ministry of Coal, the cumulative coal production for April-February 2024 witnessed a growth of over 12 percent, totaling 880.72 MT (provisional), compared to 785.39 MT during the same period of FY23.

In February alone, the country's coal production increased by 12 percent to 96.60 million tonnes (MT) compared to 86.38 MT in the same month last year.

The production of Coal India Ltd (CIL), a state-owned giant, also saw a rise of 8 percent in February, reaching 74.76 MT (provisional) from 68.78 MT in February 2023, as per the ministry's statement.

The total coal dispatch up to February 2024 witnessed a rise of over 11 percent, reaching 882.44 MT compared to 794.41 MT in the corresponding period last year.

In February alone, coal dispatch surged by 13.63 percent to 84.78 MT from 74.61 MT in February 2023.

Specifically, Coal India Limited (CIL) recorded a dispatch that was 12 percent higher at 65.3 MT in February 2024 compared to 58.28 MT a year ago.

India is among the top five producers and users of coal in the world.

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