Coal Production Rises 2% in September: India's Energy Output

By By Rediff Money Desk, New Delhi
Oct 01, 2024 19:49
India's coal production in September 2024 rose 2.49% to 68.94 million tonnes, driven by increased demand and a focus on energy security. Coal dispatch also saw growth.
Photograph: Amit Dave/Reuters
New Delhi, Oct 1 (PTI) The country's coal production rose 2.49 per cent to 68.94 million tonne (MT) in September, an official statement said on Tuesday.

The coal output was 67.26 MT in the corresponding month of previous fiscal.

Coal production in the April-September period increased by 5.85 per cent to 453.01 MT, over 427.97 MT during the same period in 2023-24, the statement said.

The figures are provisional.

In addition, coal dispatch also saw year-on-year growth of 4.35 per cent in September, at 73.37 MT.

"The cumulative coal dispatch (up to September 2024) stood at 487.87 MT (Provisional) in FY24-25, compared to 462.27 MT during the same period in FY 23-24, with a growth of 5.54 per cent," the statement said.

Furthermore, the upturn in offtake has resulted in a comfortable coal stock position. The total coal stock at domestic coal-based plants as on September 29 recorded 51.07 per cent growth at 33.46 MT as compared to 22.15 MT a year ago.

The coal ministry, it said, is continuing to enhance the production and optimising dispatch to meet the country's increasing energy demands.

The upward trajectory in both production and dispatch bolsters energy security and will help achieve self-sufficiency in coal supply.
Source: PTI
Read More On:
coal productionenergy securitycoal dispatchcoal outputindia coal
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

UP Cabinet Approves Self-Employment Scheme for...

Uttar Pradesh cabinet approves a self-employment scheme for youths with loan subsidies...

UP Govt. Announces Cinema Hall Scheme:...

Uttar Pradesh government approves a scheme to revive cinema halls, upgrade existing...

Cooperative Societies: One-Stop Shop for Farmers

Odisha Chief Secretary highlights cooperative societies'' role in empowering farmers,...

Plutus Wealth Buys SpiceJet Shares for Rs 50 Crore

Plutus Wealth Management has acquired a 0.58% stake in SpiceJet for Rs 50 crore through...

Odisha to Host Ambassadors' Meet Ahead of Biz...

Odisha government to host a meeting of ambassadors in Delhi to showcase its industrial...

Cable TV Tariff Hike: MSOs Pass On Rising Costs

Cable operators in India are raising tariffs by 5-10% due to increased costs from...

NCLT Needs More Manpower Amid IBC Case Delays

The National Company Law Tribunal (NCLT) President calls for more manpower to address...

Airtel Fights Spam: Network Intelligence & AI...

Airtel CEO Gopal Vittal outlines the telco's spam-fighting network using AI and network...

Rupee Closes at 83.82, Falls 3 Paise Against US...

The Indian rupee weakened against the US dollar on Tuesday, closing at 83.82 due to...

Rathi Steel Invests Rs 50 Crore in UP for New...

Rathi Steel and Power Ltd (RSPL) will invest Rs 50 crore in Uttar Pradesh to set up a...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com