Captive and commercial coal blocks produced 147 million tonne coal in financial year 2023-24, registering a year-on-year growth of 27%, Union Minister Pralhad Joshi said on Wednesday.
The mines had produced 116 MT coal during 2022-23.
Out of 147.2 MT, power sector captive mines produced around 121.3 MT, non-power sector mines produced 8.4 MT and the production from commercial mines was 17.5 MT, Joshi said in a post on X.
The production from power sector captive mines in FY24 rose 19% as compared to the previous year. In non-power captive mines, the production growth was 63% year-on-year.
Output from commercial coal mines registered the highest year-on-year growth of 93% in FY24.
Dispatch from the mines during FY24 was 143 MT as against 110 MT in FY23. A total of 9 new coal mines commenced production during FY24 which includes 4 captive mines and 5 commercial mines.
'The Ministry extends its appreciation to all stakeholders for their dedication and efforts in achieving these milestones. The increased coal production not only reinforces India's energy security but also fosters economic growth and industrial development across sectors,' Joshi said.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
