The Coal Ministry Friday announced that the government has fixed a target of 1.31 billion tonnes (BT) of coal production for FY 2024-25, adding that the same will go up to 1.5 BT by FY30.
This comes as India’s domestic coal production has increased by over 16 per cent in the current financial year as energy demand continues to rise. From April 2022 to January 2023, India produced 698.25 MT of coal, against 601.97 MT during the same period of the previous year.
In April last year, India’s power demand touched a record high of 216 GW, up 6 per cent year-on-year, as several regions in the North faced severe heatwaves.