Ministry Records 10.7% Growth in Coal Production and 8.5% Increase in Dispatch for 2024-25

In terms of coal dispatch, the Ministry has delivered 311.48 MT of coal as of July 19, 2024, achieving an 8.49% growth over the previous year’s figure of 287.12 MT.

Devdiscourse News Desk | New Delhi | Updated: 24-07-2024 17:27 IST | Created: 24-07-2024 17:27 IST

Ministry Records 10.7% Growth in Coal Production and 8.5% Increase in Dispatch for 2024-25

By ensuring a reliable and consistent supply of coal, the Ministry of Coal aims to enhance the country’s energy security and support key economic sectors. Image Credit:

Country:
India

In alignment with the Hon’ble Prime Minister’s principles of "Working with the nation as a whole approach and breaking silos," the Ministry of Coal is working closely with the Ministry of Railways, Ministry of Power, and other relevant departments to ensure a steady supply of coal at regulated prices for the Power and Fertilizer sectors. This effort also includes crucial non-regulated sectors such as Steel, Cement, Paper, and Sponge Iron, which are integral to the country's economic growth.

For the fiscal year 2024-25, the Ministry of Coal has set an ambitious coal production target of 1,080 million tonnes (MT). As of July 19, 2024, coal production has reached 294.20 MT, marking a significant growth of 10.70% compared to the same period last year, when production was 265.77 MT. This increase reflects the Ministry’s dedication to meeting the energy needs of various sectors while promoting sustainable economic development.

In terms of coal dispatch, the Ministry has delivered 311.48 MT of coal as of July 19, 2024, achieving an 8.49% growth over the previous year’s figure of 287.12 MT. This rise in dispatch not only supports the operational demands of essential industries but also contributes to the stability of the energy market. The Ministry is committed to maintaining coal as an affordable and accessible resource for all sectors, reinforcing the nation's dedication to growth and development.

By ensuring a reliable and consistent supply of coal, the Ministry of Coal aims to enhance the country’s energy security and support key economic sectors. Through these strategic efforts, the Ministry is positioned to play a crucial role in driving India's economic progress, ensuring that coal supply remains both adequate and cost-effective for industries reliant on this vital resource.