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Coal Production grows by 7.12% YoY to reach 370 MT in FY 2024-25

By TIOL News Service

NEW DELHI, AUG 28, 2024: THE Ministry of Coal has achieved upswing in overall coal production upto 25th August 2024. The cumulative coal production for FY 2024-25, as on 25.08.24, has significantly increased to 370.67 MT, compared to 346.02 MT during the same period in FY 2023-24, reflecting a growth of 7.12%.

Furthermore, the overall coal dispatch has seen a substantial rise, reaching 397.06 MT as on August 25, 2024, for FY 2024-25. This represents a commendable growth rate of 5.48% compared to the previous year's dispatch of 376.44 MT.

In terms of coal dispatch to the power sector, the cumulative achievement for FY 2024-25, as on August 25, 2024, amounts to 325.97 MT, compared to the corresponding period of the previous year, which was 313.44 MT. this growth has been achieved despite of huge opening storage of 47 MT at TPPs as on 01.04.24. This ensures a steady supply of coal to meet the energy requirements of the power sector.

The overall coal stock position, including Pitheads at mines, TPPs, and in transit, reached 121.57 MT as of August 25, 2024. This represents a substantial increase of 36.2% compared to the stock of 89.28 MT on the same period of last year. Additionally, coal stock at TPPs (DCB) as of August 25, 2024, stands at 37.55MT, compared to 29.47 MT last year, indicating a significant growth of about 27.41%.

This higher coal stock position highlights the Ministry of Coal's commitment to maintaining an ample supply of coal. The continuous growth in production, dispatch, and stock levels underscores the Ministry's efforts to ensure a reliable energy supply while supporting the nation's energy security goals.


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