India’s Ministry of Coal has witnessed a significant surge in coal production and dispatch, setting new records in the energy sector. The remarkable growth in coal production in August 2023 and the cumulative figures for the fiscal year 2023-24 indicate an unwavering commitment to the efficient supply of coal, essential for the nation’s energy needs.
Stellar Performance in Coal Production
In August 2023, India’s Ministry of Coal achieved an outstanding milestone by reaching a coal production figure of 67.65 Million Tonnes (MT). This achievement represents a substantial increase of 12.85% compared to the same month in the previous year when production stood at 59.95 MT. Notably, Coal India Limited (CIL), one of India’s prominent coal producers, played a pivotal role in this impressive performance. CIL’s production surged to 52.27 MT in August 2023, showcasing a remarkable growth rate of 13.21% when compared to the 46.17 MT produced in August 2022.
Cumulative Coal Production Soars
The cumulative coal production figures for the fiscal year 2023-24 (up to August 2023) have witnessed a significant jump, reaching 349.01 MT (Provisional). This figure surpasses the 316.27 MT produced during the same period in the previous fiscal year (2022-23) and showcases a growth rate of 10.35%. This extraordinary increase in coal production is a testament to the dedication and efficiency of India’s coal public sector undertakings (PSUs), which have played a pivotal role in driving this progress.
Impressive Surge in Coal Dispatch
In the month of August 2023, coal dispatch showed impressive growth, reaching 74.45 MT. This remarkable figure signifies a substantial progress of 14.83% compared to the 64.83 MT dispatched in August 2022. Once again, Coal India Limited (CIL) demonstrated exceptional performance in coal dispatch, reaching 58.48 MT in August 2023, compared to the 51.06 MT dispatched in August 2022, representing a growth rate of 14.53%.
Cumulative Coal Dispatch Reaches New Heights
The cumulative coal dispatch figures for the fiscal year 2023-24 (up to August 2023) have seen a significant increase, reaching 378.29 MT (Provisional). This figure surpasses the 346.72 MT dispatched during the corresponding period in the previous fiscal year (2022-23) and reflects a growth rate of 9.10%. This upsurge in coal dispatch, along with the impressive production figures, underlines the coal sector’s exceptional efficiency and its pivotal role in ensuring the seamless distribution of coal across the nation.
Conclusion
The Ministry of Coal’s exceptional performance in coal production and dispatch is a testament to its commitment to maintaining consistent and efficient coal supply. This unwavering dedication ensures an uninterrupted supply of coal, essential for a reliable and resilient energy sector. It also reflects a commitment to sustainable practices in India’s coal sector, further bolstering the nation’s position in the energy landscape. With these remarkable achievements, India continues to strengthen its energy security and maintain a robust coal supply chain for the nation’s energy needs.