Coal ministry appoints committee to examine Naini tenders
The technical team will visit the SCCL Headquarters and submit the report within three days
The technical team will visit the SCCL Headquarters and submit the report within three days
India has achieved a significant milestone in its energy sector by crossing 1 billion tonnes (BT) of coal production in the financial year 2024-25, the Rajya Sabha was informed on Monday.
In a major milestone for India's coal sector, the Ministry of Coal has allocated its 200th coal mine, marking a significant achievement in its reform-driven agenda.
The reduction in coal imports resulted in foreign exchange savings of approximately $5.43 billion (Rs 42,315.7 crore) for the country, the Coal Ministry said.
The import of Coal from April to December 2024 fell by 8.4 per cent, totalling 183.42 million tonnes (MT), according to the Coal Ministry statement on Tuesday. This is a fall as compared to 200.19 MT in the same period of the previous fiscal.
It is part of a series of nationwide engagements aimed at encouraging industry collaboration and boosting investments in the sector.
Total coal production during January 2025 spiked by 4.38 per cent to 104.43 MT from 100.05 MT, recorded during the corresponding period of the previous year, the Coal ministry said on Monday.
Captive and other mines produced 18.95 MT, reflecting a significant growth of 29.61 per cent compared to 14.62 MT in the corresponding period of the last year.
India recorded its highest ever coal production of 997.826 million tonnes (MT) in the financial year 2023-24 which represents an 11.71 per cent increase in comparison to the corresponding figure of 893.191 MT in the year 2022-23, according to the year-end review of the Coal Ministry.
In November, the Coal Ministry achieved a remarkable milestone with overall coal production reaching 90.62 million tonnes (MT) (Provisional), marking a 7.20 per cent growth YoY.
