New Delhi [India]April 4 (ANI): India achieved a historic milestone as it crossed one billion tonnes of coal production on 20 March 2024-25, crossing 997.83 million tonnes (MT) in the previous financial year.
Coal is important with the fifth largest coal reserves and as the second largest consumer, contributing 55 percent to the national energy mixture and more than 74 percent of the total power generation.
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According to the Ministry of Coal, the success of the coal sector is held responsible for the tireless efforts of coal public sector undertakings (PSUs), private players and more than 350 coal mines dedicated to the dedicated workforce of about 5 lakh mines workers.
The ministry said in a statement, “These coal miners, who have rejected several challenges with unmatched dedication, have played an important role in achieving this historic milestone.”
India’s coal production in 2024–25 rose to 1.04 billion tonnes (provisional) in 2024–25, as compared to 997.83 MT in 2023-24, 4.99 percent.
There was also a significant increase in the production of commercial, captives and other institutions, reaching 197.50 MT (provisional) -A, which increased by a record of 154.16 Mount by 28.11 percent from the previous year record.
Coal production refers to the extraction of coal from mines.
Coal remittance has also crossed a billion ton milestone, with a total remittance to 1024.99 Mount (provisional) in 2024-25, which is 5.34 percent from 973.01 Mount in 2023-24.
Transmission from commercial, captives and other institutions saw even more significant growth, which increased by 196.83 Mount (provisional) -A 31.39 percent in the previous year as compared to 149.81 MT.
Coal remittance refers to the process of transporting and distributing coal to various consumers, including power plants and industrial facilities.
Parallel, Indian coal sector receives a significant decrease in imports.
Coal imports fell 8.4 percent in April to 183.42 Mount- In December 2024, in the same period of 2023-24, 200.19 Mount, foreign currency saved 5.43 billion (Rs 42,315.7 crore) in foreign currency.
Coal is important for India’s energy needs, supplies more than half of the country’s power. Despite the renewable energy growth, coal-based thermal power will remain necessary, with its share 55 percent by 2030 and 27 percent by 2047. (ANI)
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