Coal Production Target set Over One Thousand Million Tonnes in FY25
The target underscores the Ministry’s commitment to meet the energy demands of various sectors while maintaining a focus on sustainable economic development.
The government has set a coal production target of over one thousand million tonnes in 2024-25. Union Coal Ministry said, that as of 19th July, the coal production has reached over 294 million tonnes, reflecting a robust growth rate of around 11 percent compared to the same period last year.
The target underscores the Ministry’s commitment to meet the energy demands of various sectors while maintaining a focus on sustainable economic development. The Ministry said, government is committed to ensure an adequate supply of coal at notified prices for the Power and Fertilizer sectors.
Read Also : Anuppur-Katni 3rd Rail Line Project: A Game-Changer for Central IndiaAdditionally, the Ministry of Coal, in coordination with the Ministry of Railways, Ministry of Power, and other relevant departments, is committed to ensuring an adequate supply of coal at notified prices for the Power and fertilizer sectors. This initiative also extends to non-regulated sectors, including Steel, Cement, Paper, and Sponge Iron, which are vital for the country’s economic growth.
For the fiscal year 2024-25, the Ministry has set an ambitious coal production target of 1,080 MT. As of 19.07.24, coal production has reached 294.20 MT, reflecting a robust growth rate of 10.70% compared to the same period last year, which was 265.77 MT. This positive trend underscores the Ministry’s commitment to meeting the energy demands of various sectors while maintaining a focus on sustainable economic development.
Read Also : NHPC CMD: Navratna Status Reflects Company's Growth and AchievementsIn terms of coal dispatch, as of 19.07.24, the Ministry has successfully dispatched 311.48 MT of coal, achieving a growth of 8.49% over the previous year, which was 287.12 MT.
This increase in dispatch not only supports the operational needs of key industries but also contributes to the overall stability of the energy market, according to the official sources.
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