ENA Sectors 2024-02-06 14:51:00 <p><span style="font-size:14px"><strong>New Delhi, Feb 6 (KNN)</strong> The Ministry of Coal celebrated a remarkable achievement in coal production, marking a substantial upswing to 99.73 Million Tonnes (MT) in January 2024.</span></p> <p><span style="font-size:14px">This figure, representing a 10.30 per cent increase compared to January 2023's 90.42 MT, showcases the sector's robust growth trajectory.</span></p> <p><span style="font-size:14px">A significant contributor to this surge is Coal India Limited (CIL), whose production spiked to 78.41 MT in January 2024, up by 9.09 per cent from 71.88 MT in January 2023.</span></p> <p><span style="font-size:14px">Moreover, the cumulative coal production for the fiscal year 2023-24 saw an impressive leap to 784.11 MT, demonstrating a notable growth of 12.18 per cent compared to the same period in the previous fiscal year.</span></p> <p><span style="font-size:14px">In parallel, coal dispatch also witnessed a notable boost, reaching 87.37 MT in January 2024, a substantial increase from 82.02 MT recorded in January 2023.</span></p> <p><span style="font-size:14px">CIL's dispatch performance was equally commendable, hitting 67.56 MT in January 2024, marking a growth of 4.83 per cent from January 2023.</span></p> <p><span style="font-size:14px">The cumulative coal dispatch for the fiscal year 2023-24 stood at 797.66 MT, reflecting a significant growth of 10.82 per cent compared to the corresponding period in the previous fiscal year.</span></p> <p><span style="font-size:14px">On January 31, 2024, coal stock held by coal companies experienced a notable surge, reaching 70.37 MT, showcasing an impressive annual growth rate of 47.85 per cent.</span></p> <p><span style="font-size:14px">Additionally, coal stock at Thermal Power Plants (TPP) witnessed a significant increase to 36.16 MT on the same date, with an annual growth rate of 15.26 per cent.</span></p> <p><span style="font-size:14px">These statistics underscore the resilience and commitment of the coal sector in meeting the nation's energy demands.</span></p> <p><span style="font-size:14px">The Ministry of Coal continues to prioritise fostering sustained growth and efficiency within the sector, ensuring a reliable energy supply for the nation's development.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36581 https://knnindia.co.in/news/newsdetails/sectors/ministry-of-coal-reports-significant-increase-in-coal-production-and-dispatch 2024-02-06 14:51:00 knnindia.co.in