Coal Production registers growth of 35% in Q1FY25
The Ministry of Coal has reported a significant increase in coal production and dispatch from captive and commercial coal blocks during the first quarter of the current financial year (April 1, 2024, to June 30, 2024) compared to the same period last year.
The Production of Coal has increased by 35% YoY, from 29.26 MT in Q1 of FY24 to 39.53 MT in Q1 of FY25. Similarly, Dispatch has shown a growth of 34.25% YoY, from 34.07 MT in Q1 of FY24 to 45.68 MT in Q1 of FY25.
Coal Production-
Power Sector: Production for the power sector has seen a substantial increase, rising from 25.02 million tonnes (MT) in Q1 of last year to 30.16 MT in Q1 of this year, marking a 20.5% year-on-year growth.
Read Also : MRPL Awarded for Corporate Environment ExcellenceNon-Regulated Sector (NRS): Production from NRS has grown significantly, from 1.44 MT in Q1 of last year to 2.55 MT in Q1 of this year, a 77% year-on-year increase.
Sale of Coal: The production from the sale of coal mines has increased impressively, climbing from 2.80 MT in Q1 of last year to 6.81 MT in Q1 of this year, a 143% year-on-year growth.
Coal Dispatch-
Power Sector: Dispatch to the power sector increased from 28.90 MT in Q1 of last year to 35.65 MT in Q1 of this year, achieving a 23.3% year-on-year growth.
Read Also : Airtel deploys network in Jammu and Kashmir, Leh Ladakh for superior voice and data connectivity
Non-Regulated Sector: Dispatch to the NRS grew from 1.66 MT in Q1 of last year to 2.38 MT in Q1 of this year, reflecting a 43.4% year-on-year increase.
Sale of Coal: Dispatch for the sale of coal rose from 3.51 MT in Q1 of last year to 7.64 MT in Q1 of this year, an impressive 117.67% year-on-year growth.
Read Also : Department of Posts, Amazon inks MoU to Enhance Logistics CollaborationNews Must Read
- MRPL Awarded for Corporate Environment Excellence
- S. Jaishankar to Attend SCO Summit in Pakistan, first Visit by an Indian Foreign Minister
- GAIL and AM Green sign MoU for jointly developing renewable energy up to 2.5 GW
- Garden Reach Shipbuilders receives LoA from Government of West Bengal
- Bank of Baroda Q2 business update: Domestic deposits up by 7%, global business expands 10.23%
- NTPC Unchahar Head of Project Conquers Everest Base Camp
- PM Narendra Modi inaugurates GAIL’s CBG Plant in Ranchi
- SBI to add 600 branches in its network during FY25: Chairman C S Setty
- Power Grid signs SHA with RVPN to form JV in Rajasthan
- NHPC CMD highlights critical importance of dams in India's water management