India’s coal production increased impressively by 16% to 607.97 million tonnes during Apr-Dec’22 as compared to 522.34 million tonnes produced during the same period of FY 22.Ministry of Coal has paved the way for releasing additional coal in the market by greater utilization of mining capacities of captive coal blocks which has led to increase in production of coal by Captive and Other companies by 31.38% to 81.70 million tonnes during Apr-Dec’22 as compared to 62.19 million tonnesproduced during the corresponding period of FY 22. The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under MMDR (Amendment) Act, 2021 to allow lessee of captive mines to sell coal /lignite up to 50% of the total excess production after meeting the requirement of the end-use plants.The Ministry is taking steps to augment rail connectivity infrastructure for all major mines under PM Gati Shakti to ensure faster evacuation. As a result, the total coal despatch have been to the tune of 637.51 million tonnes during Apr-Dec’22 as compared to 594.22 million tonnes during same period of FY 22 representing a growth of 7.28 % which shows steady and efficient amount of coal despatch to various sectors across the nation.
India’s coal production increased impressively by 16% to 607.97 million tonnes during Apr-Dec’22 as compared to 522.34 million tonnes produced during the same period of FY 22.Ministry of Coal has paved the way for releasing additional coal in the market by greater utilization of mining capacities of captive coal blocks which has led to increase in production of coal by Captive and Other companies by 31.38% to 81.70 million tonnes during Apr-Dec’22 as compared to 62.19 million tonnesproduced during the corresponding period of FY 22. The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under MMDR (Amendment) Act, 2021 to allow lessee of captive mines to sell coal /lignite up to 50% of the total excess production after meeting the requirement of the end-use plants.The Ministry is taking steps to augment rail connectivity infrastructure for all major mines under PM Gati Shakti to ensure faster evacuation. As a result, the total coal despatch have been to the tune of 637.51 million tonnes during Apr-Dec’22 as compared to 594.22 million tonnes during same period of FY 22 representing a growth of 7.28 % which shows steady and efficient amount of coal despatch to various sectors across the nation.