National miner Coal India Limited (CIL) witnessed a double-digit growth in production for the second year in a row, for the first time in its history. The company, which closed the financial year 2023-24 with 773.6 million tonne (MT) of coal production, registered an annual growth of 10 per cent. That’s an increase of 70 […]
Category: Coal
Coal sector grows 11.6% in February, highest growth in core sectors
The coal sector has registered an 11.6 per cent growth, the highest among all eight core industries of the economy, in February, an official statement said on Monday. The index of coal industry has reached 212.1 points during February as compared to 190.1 points during the same month last year, the coal ministry said. “The […]
Coal India’s output increases 10% to 773.6 million tonnes in FY24
State-owned Coal India’s production rose by 10 per cent to 773.6 million tonnes (MT) in 2023-24 but fell short of its production target of 780 MT for the fiscal, according to an exchange filing. Coal India Ltd’s (CIL) production was 703.2 MT in the preceding 2022-23 fiscal, the miner said in an exchange filing. CIL’s […]
Coal, lignite production hits all-time high of 1 bn tonnes in FY24: Joshi
The country has for the first time crossed the milestone of 1 billion tonnes of coal and lignite production in the financial year 2023-24, Union Coal and Mines Minister Pralhad Joshi said on Monday. India’s total coal and lignite output was at 937 million tonnes (MT) in the preceding 2022-23 fiscal, as per official figures. […]
Coal India likely to report production of around 773.7 MT in FY24
Coal India Ltd is likely to report production of around 773.7 million tonnes (MT) for the 2023-24 fiscal, which will be close to a 10-per cent growth over last year, company sources said. However, it is expected to fall short of the target of 780 million tonnes. Coal offtake is expected to stay restricted to […]
CIL tops annual growth target, achieves 610.8 MT supply to power sector
Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. This marks the highest coal supply till date to the power sector, he said. CIL’s coal supply to the sector rose by 29.3 million tonnes in […]
Baltimore bridge collapse: Coal exports likely to be blocked for weeks
The collapse of a major Baltimore bridge Tuesday is likely to shut down the port’s coal exports for as many as six weeks and block the transport of up to 2.5 million tonnes of coal, said Ernie Thrasher, chief executive officer of Xcoal Energy & Resources LLC. The US exported about 74 million tonnes of […]
Coal, the dirtiest fossil fuel, is finally preparing for long goodbye
More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programs […]
Mahanadi Coalfields Ltd crosses 200 MT coal production mark in FY24
Mahanadi Coalfields Ltd (MCL) has achieved the 200-million tonne (MT) coal production mark in the 2023-24 fiscal, officials said Sunday. The MCL has mining operations in Odisha’s Angul, Jharsuguda and Sundergarh districts. The company crossed the 200-MT mark on Saturday night. “It gives me immense pleasure to share the news of this extraordinary milestone of […]
India’s coal import rises marginally to 212 MT in April-January period
The country registered a marginal rise of 1.65 per cent in coal imports to 212.24 Million Tonnes (MT) in the April-January period of the ongoing fiscal, over the year-ago period. India’s coal import was 208.78 MT in the corresponding period of the previous fiscal, according to data compiled by mjunction services ltd. mjunction services ltd […]
Chhattisgarh’s SECL exceeds the overburden removal target for FY24
South Eastern Coalfields Limited (SECL), the Chhattisgarh unit of state-run Coal India Limited (CIL), has surpassed the annual target of overburden removal (OBR) with 16 days to spare in the current financial year (FY24). “On Friday, the OBR crossed the mark of 310 million cubic metres (MCuM), achieving the target for this year,” a SECL […]
Coal PSUs must plan pithead-based thermal projects, says Coal Secy Meena
The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come […]