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 : Indian Overseas Bank Offers up gradation Facility on Savings Scheme Variants

Non-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 : Government released new list of appointments and recommendations

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 : RBI imposes monetary penalty on five banks