Coal production rises by 14.49% in June

Coal stock held by coal companies surges to 95.02 MT

GN Bureau | July 2, 2024


#business   #economy   #Coal  
(Photo: Governance Now)
(Photo: Governance Now)

India’s coal production for June 2024 reached 84.63 MT (Provisional), with a growth rate of 14.49% compared to the corresponding period in the previous year, which was 73.92 MT.

During June 2024, Coal India Limited (CIL) achieved coal production of 63.10 MT (Provisional), marking a growth of 8.87% compared to the same period last year when it was 57.96 MT. Additionally, coal production by captive/others in June 2024 stood at 16.03 MT (Provisional), reflecting a growth of 55.49% from the previous year, which was 10.31 MT, an official release said Tuesday,

India’s coal dispatches for June 2024 reached 85.76 MT(Provisional) up by 10.15% compared to the same period last year when it was recorded at 77.86 MT. During June 2024, CIL dispatched 64.10 MT (Provisional) of coal, with a growth of 5.41% compared to the corresponding period of the previous year when it was 60.81 MT. Additionally, coal dispatch by captive/others in June was recorded at 16.26 MT (Provisional), reflecting a growth of 43.84% from the previous year, which was 11.30 MT.

Additionally, as on June 30, 2024, the coal stock held by coal companies witnessed a notable surge, reaching 95.02 MT (Provisional). This surge reflects an impressive annual growth rate of 41.68% underscoring the robust performance and efficiency of the coal sector. Concurrently, the coal stock at Thermal Power Plants (TPP) marked a notable increase to 46.70 MT (Provisional) on the same date, with an annual growth rate of 30.15%.

In alignment with the Prime Minister vision of 'Atmanirbhar Bharat', relentless efforts and strategic initiatives are undertaken by the coal ministry to propel its journey towards sustainable development and self-reliance in the energy domain.

Comments

 

Other News

Why Swami Vivekananda is the pathfinder for our times

Swami Vivekananda for Our Times  Edited and compiled by Rajiv Sikri, with Introduction by S. Gurumurthy Rupa Publications, 552 pages, Rs 695  

Five ways to realise the potential of India’s handicraft and handloom sector

India`s economic ambitions are increasingly defined by the industries of the future. Semiconductors, electronics, artificial intelligence and advanced manufacturing dominate policy conversations. Yet one of India`s largest employment-intensive sectors continues to occupy a surprisingly marginal place in ec

Beyond toilets: Why open defecation persists in rural India

Despite the awareness campaigns on sanitation across India, open defecation (OD) is practised openly and widely in both rural and urban areas. Research shows that rural respondents are well aware of the negative impacts of OD, yet this awareness does not lead to toilet construction or use. In rural North I

What unpaid nation builders want from policymakers

The Supreme Court recently described homemakers as “nation builders” and fixed a notional monthly income of Rs 30,000 for them in motor accident compensation cases. The judgment was not about wages. It was about compensation. Yet it inadvertently raised a larger economic question: If a homemake

What the US–Iran peace deal means for India

After months of rising tensions, the United States and Iran have reached a memorandum of understanding called the "Islamabad Agreement." This agreement allows for the immediate reopening of the Strait of Hormuz without tolls and provides Iran with relief from sanctions, depending on its complianc

V. M. Tarkunde: A legal luminary par excellence

14 Lawyers: Portraits from The Bar By Raju Ramachandran  Juggernaut, 248 pages, Rs. 799  





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter