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HomeNewsIndiaCoal production from captive, commercial mines likely at 187 MT in FY25

Coal production from captive, commercial mines likely at 187 MT in FY25

The production will be further enhanced to 225.69 MT in FY26, the coal ministry said in a statement.

January 08, 2024 / 16:11 IST
Coal production from captive, commercial mines likely at 187 MT in FY25

The government on January 8 said that coal production from captive and commercial blocks is likely to be 186.63 Million Tonnes (MT) in the next fiscal. The production will be further enhanced to 225.69 MT in FY26, the coal ministry said in a statement.

"As per the present plans of the ministry, production targets from such mines will be touching 383.56 million tonnes by FY 2029-30," the coal ministry said in a statement. In the 2024-25 fiscal, coal production from such mines is expected to rise to 186.63 MT, the government said.

In December 2023, the total coal production from captive and commercial coal mines rose 38 per cent to 14.04 MT from 10.14 MT in the year-ago period, it said. As per the latest figures, 50 captive and commercial coal mines are in operation.

The total coal production from captive and commercial coal mines in the April 1-December 31, 2023 period was 98 MT, as per the statement. In 2020, Prime Minister Narendra Modi had launched the auction process for 41 coal blocks for commercial mining, a move that opened India's coal sector for private players.

 

PTI
first published: Jan 8, 2024 04:11 pm

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