Coal Production Surges 32% in H1 FY25

By By Rediff Money Desk, New Delhi
Oct 03, 2024 13:09
India's coal production from captive and commercial blocks soared 32% in H1 FY25, reaching 79.72 MT, driven by increased demand and government support.
Photograph: Amit Dave/Reuters
New Delhi, Oct 3 (PTI) The coal production from both captive and commercial coal blocks rose by 32 per cent to 79.72 Million Tonne (MT) in the April-September period of the ongoing fiscal.

The coal output from both captive and commercial coal blocks was 60.52 MT in the first half of the previous fiscal.

The coal dispatch rose by 34 per cent year-over-year, from 65.37 MT in H1 of FY'24 to 87.86 MT in H1 of FY'25.

There has been "a significant rise in coal production and dispatch from both captive and commercial coal blocks during the first half of FY 2024-25, from April 1, 2024, to September 30, 2024, compared to the same period last year," the coal ministry said in a statement.

The coal production in September rose by 32 per cent to 13.74 MT from 10.40 MT. Likewise, dispatch in the month of September has grown by 47 per cent year-over-year, from 9.68 MT in FY'24 to 14.27 MT in FY'25.

The coal ministry said that it applauds the efforts of all stakeholders, including coal companies and industry partners, for their invaluable support.

The ministry, it said, is dedicated to helping all coal block allottees navigate challenges and optimise their operations. Its primary objective is to significantly increase coal production, ensuring a steady and reliable supply to meet the country's growing energy demands.

Through collaborative initiatives and focused assistance, the ministry aims to enhance efficiency, sustainability, and output across the coal sector.
Source: PTI
Read More On:
coal productioncoal industryindia coalcoal supplyenergy demand
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

India's Logistics Data Bank Tracks 75 Million...

India's Logistics Data Bank (LDB) has tracked over 75 million export and import...

India Salary Hike Forecast: 9.5% in 2025 | Aon...

Aon survey predicts a 9.5% salary increase in India for 2025, driven by strong business...

Sebi Tightens F&O Norms, Stock Broking Firms Fall

Stock broking firms like SMC Global Securities, Aditya Birla Money, and 5paisa Capital...

TDV Launches Rs 50 Crore Fund for Early-Stage...

Trillion Dollar Ventures (TDV) announces a Rs 50 crore fund to invest in early-stage...

Suzuki Motorcycle Sales Rise 1% in September to...

Suzuki Motorcycle India's September sales increased by 1% to 99,185 units, driven by...

Sebi Insider Trading Case Settled: Two...

Two individuals have settled a case with Sebi regarding alleged insider trading in...

ICAR Asks PM to Appoint Agri-Scientists in G20...

An ICAR member urges PM Modi to appoint agri-scientists as attaches in G20 embassies to...

Sensex Plunges 2%, Investors Lose Rs 9.78 Lakh...

Indian stock markets tumbled on Thursday, with the Sensex losing over 2% amid...

Refex Industries to Raise Rs 928 Cr for Growth...

Refex Industries plans to raise Rs 928 crore through equity and warrants to fund...

BoB Sells Oman Operation to Bank Dhofar -...

State-owned Bank of Baroda (BoB) has announced plans to sell its Oman operations to...

Read More »

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