Coal
Coal production from captive & commercial blocks jumps 58 pc in Apr-Aug FY23
New Delhi: Coal production during April-August (FY23) stood at 43.93 million ton, 57.74 percent higher than 27.85 million ton produced during the same period the previous year, the Ministry of Coal said Tuesday.
Coal production from coal blocks during April-August for fiscal 2022-23 has been reviewed by the Additional Secretary & Nominated Authority, of the Ministry of Coal, in the presence of project proponents.
Two mines auctioned in 2021 under commercial auction reforms have become operational and produced 2.36 million ton of coal in April-August, 2022-23.
At present, 37 captive and commercial mines are under production and it is expected that at least 11 more new mines will start production during the year.
This will significantly contribute to meeting coal demand in the country.
The ministry appreciated the efforts of coal block allottees in attaining such high growth and hoped that the target production of 141.78 million ton from these blocks during FY 2022-23 will be achieved.
At the same time, it was noted with concern that Parsa East & Kanta Basan coal block production has stopped and Parsa coal block production has not started. The continued stoppage may adversely impact the achievement of the target this year.
Further, during the review, project proponents shared the efforts made by them and the challenges faced. Ministry of Coal assured to extend all possible support in resolving the issues.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
