Historical growth in coal production: Govt
The overall annual coal production has surged from 565.77 MT in FY 2013-14 to 893.19 MT in FY 2022-23, witnessing a massive growth of 57.87 per cent over the last ten years.
The overall annual coal production has surged from 565.77 MT in FY 2013-14 to 893.19 MT in FY 2022-23, witnessing a massive growth of 57.87 per cent over the last ten years.
Singh said no matter how big and developed a nation is, if it is not self-reliant for energy needs, then there will be hurdles to its development.
As per estimates of the Central Electricity Authority, the peak electricity demand is expected to be 229GW during the months of April-23, when the electricity demand is highest in the country.
Of the top 37 mines in coal production, as many as 24 mines produced more than 100 per cent and the production of five mines stood between 80 and 100 per cent.
The Coal Ministry is taking steps to augment rail connectivity infrastructure for all major mines under PM-Gati Shakti to ensure faster transportation.
The Ministry of Coal is closely coordinating with state governments and Central ministries concerned to operationalise mines auctioned earlier on the fast track.
The Ministry of Coal has notified that the closing stock of coal at the domestic coal-based power plants, as on 31 October, this year was 25.6 Million Tons (MT) which is the highest ever in the month of October except for the Covid year of 2020-21.
Finance Minister Nirmala Sitharaman on Thursday said a fast-growing economy like India needs greater investment in coal production and gasification projects as globally, energy prices especially that of gas, are going up.
Coal production in India rose to 58.33 million tonnes in August 2022, up by 8.2 per cent from the 53.88 million tonnes recorded in the corresponding period of last year.
The scrutiny committee, in its 17th meeting held recently, reviewed cases of 24 coal mines – and recommended a proportionate appropriation of performance security in four cases