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

Maharashtra to partner with Starlink for satellite-based internet

In a step toward inclusive digital transformation, the Maharashtra government has signed a Letter of Intent (LOI) with Starlink Satellite Communications Private Limited. With this, Maharashtra becomes the first Indian state to formally collaborate with Starlink to deploy satellite-based internet services f

Young Birders’ Month: A nationwide celebration inspiring budding nature explorers

This November, children and young people across India are embarking on a joyful exploration of birds and nature as part of Young Birders’ Month (YBM) - a first-of-its-kind, month-long campaign created to spark curiosity and ecological awareness among young minds. This initiative is organized collabor

How Bangladesh’s bonhomie with ISI, China poses threat to India

Although New Delhi has not officially commented on the growing footprint of Pakistan’s Inter-services Intelligence (ISI) in Bangladesh, India`s strategic and security community appears to be highly concerned over last week’s development in Dhaka.  During Pakistan’s Joi

CSR in India: Stop counting rupees, start measuring impact

When India became the first country in the world to legislate corporate social responsibility (CSR) in 2013, it marked a bold experiment in blending profit with purpose. By law, companies with a net worth of ₹500 crore or more, or a turnover of ₹1,000 crore or more, or net profit of ₹5 crore or more

A perfect match of Eastern philosophy and modern self-help

Shaolin Spirit: The Way to Self-Mastery By Shi Heng Yi Particular Book/Penguin Books, 264 pages In the history

When healthcare becomes luxury: Inside India’s growing medical inequality

India’s ambition to achieve Universal Health Coverage (UHC) by 2030 is faltering under the weight of low public spending, rising privatisation, and deepening inequality in access to care. Leading doctors and public health experts warn that the current system, heavily dependent on out-of-pocket spendi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter