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Coal India production soars 10.5% to 685.1 mt during April-February

Thehindubusinessline

Thehindubusinessline · 1y ago

Coal India production soars 10.5% to 685.1 mt during April-February

Coal India, the state-owned miner, reported a 10.5% increase in coal production for the April-February period of the current financial year. The company produced 685.1 million tonnes (mt) of coal, compared to 619.7 mt during the same period last year. In February alone, production rose by 8.72% year-on-year to 74.8 mt. It was noted that there might be a shortfall of around 10 mt against the production target of 780 mt for this fiscal year. Coal India is working on minimizing this output gap.

Related News

Coal India production drops by 8.5% in June

Economic Times

Economic Times · 1m ago

Coal India production drops by 8.5% in June

Coal India Ltd (CIL) reported an 8.5% drop in coal production to 57.8 million tonnes in June, compared to 63.1 MT the previous year. The decline is attributed to seasonal factors like the monsoon. Similarly, coal offtake fell by 7.4% to 60.4 MT. Despite this, the government reassured that coal shortages are not expected during the monsoon, aiming for production growth and reduced import dependency. CIL targets 875 MT production by 2025-26.

India's coal sector records 5.85% growth in FY 2024-25, reaches 411.62 MT despite challenges

Money Control

Money Control · 10m ago

India's coal sector records 5.85% growth in FY 2024-25, reaches 411.62 MT despite challenges

India's coal production has increased by 5.85% in the fiscal year 2024-25, reaching 411.62 million tonnes (MT), as per data from the Ministry of Coal. Despite facing challenges due to adverse climate conditions, the coal sector has demonstrated resilience and dedication in driving the country's energy security. Coal India Limited (CIL), the largest player in the sector, has contributed significantly to this growth with a production of 311 MT, showing a 2.80% increase. Coal dispatches and stocks have also seen improvements, further enhancing India's energy capabilities.

Coal Import Drop of 9.2 % in Apr-Feb Helps Save Rs 53,138 Crore in Foreign Exchange

OutlookIndia

OutlookIndia · 2m ago

Coal Import Drop of 9.2 % in Apr-Feb Helps Save Rs 53,138 Crore in Foreign Exchange

India's coal imports decreased by 9.2% in the April-February period of 2024-25 to 220.3 million tonnes, saving approximately Rs 53,138 crore in foreign exchange. The non-regulated sector experienced a sharper decline, with coal-based power generation increasing slightly by 2.87% while imports for thermal power plant blending dropped by 38.8%. This development underscores India's efforts to boost domestic coal production, reduce import reliance, and achieve self-sufficiency in coal production.

CIL's coking coal production drops by 9% in May

Economic Times

Economic Times · 1m ago

CIL's coking coal production drops by 9% in May

Coal India Ltd's (CIL) coking coal production decreased by 8.7% to 4.53 million tonnes in May, with another decline to 9.36 million tonnes noted in the April-May period. The government aims to boost domestic coking coal production to 140 million tonnes by 2029-30 under 'Mission Coking Coal,' reducing import dependency. Coking coal is crucial for steel production, and initiatives are underway to enhance domestic coal washing and utilization to improve energy efficiency and decarbonization.

Domestic Coal Production Rises 4% in April

OutlookIndia

OutlookIndia · 3m ago

Domestic Coal Production Rises 4% in April

India's domestic coal production increased by 3.6% in April 2025, reaching 81.57 million tonnes compared to 78.71 million tonnes in the previous year. Production from captive and other mines also rose to 14.51 million tonnes from 11.46 million tonnes a year ago. By April 30, coal stock reached 125.76 million tonnes, up from 102.41 million tonnes last year, with Coal India Ltd's stock alone growing by 22.10% to 105 million tonnes.

Coal India Q3 Results: Profit soars 18% YoY to Rs 9,094 crore

Money Control

Money Control · 1y ago

Coal India Q3 Results: Profit soars 18% YoY to Rs 9,094 crore

Coal India Ltd (CIL) reported a 17.8% increase in consolidated net profit to Rs 9,093.69 crore for the quarter ended December 31, 2023. Revenue from operations increased by 2.8% to Rs 36,153.97 crore. The company's consolidated sales also rose by 4.4% to Rs 38,357.23 crore. CIL's EBITDA increased by 13% to Rs 13,576.35 crore, and raw coal production and offtake both saw significant growth compared to the previous year. The company also declared a second interim dividend of Rs 5.25 per share.

India recorded higher-ever coal production in FY24 at over 997 MT

Money Control

Money Control · 1y ago

India recorded higher-ever coal production in FY24 at over 997 MT

India achieved its highest-ever coal production in FY24 with 997.828 million tonnes, addressing concerns over coal shortage. The domestic production increased by 11.71% compared to the previous fiscal year. Efforts to increase domestic production include the establishment of a Single Window Clearance portal for coal mines, encouraging captive mines to sell up to 50% of production in the open market, liberalization of commercial coal mining terms, and the adoption of better technology by Coal India. Additionally, the Coal Ministry developed an Import Data System to track imports and ensure adequate domestic supply.

BCCL targets Rs 40,000 Cr topline by FY30

YourStory

YourStory · 1y ago

BCCL targets Rs 40,000 Cr topline by FY30

Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India, aims to achieve a revenue of Rs 40,000 crore by FY30 through increased production and diversification. BCCL plans to expand its production capacity from 41 million tonnes per year to over 100 million tonnes, with a capital expenditure of Rs 3,000 crore by FY30. The company also plans to increase its production of washed coal, leading to import substitution and cost savings. BCCL is inviting bids for the development of coal washeries to attract steel sector participation. Additionally, BCCL is venturing into coal bed methane (CBM) and solar power.

Gevra coal mine gets environmental nod for expansion

Livemint

Livemint · 1y ago

Gevra coal mine gets environmental nod for expansion

The Gevra mine in Chhattisgarh, operated by SECL, has received environmental clearance to increase its production capacity to 70 million tonnes per annum. This expansion will make it the largest coal mine in Asia, surpassing Indonesia's Sangatta mine. Currently, Gevra is already the largest coal mine in India, with a production capacity of 52.5 million tonnes per year. The expansion aligns with India's goal of becoming self-sufficient in coal production and reducing its reliance on imports for power generation by FY26. SECL aims to increase its coal production to 200 million tonnes this fiscal year.

India's record coal output tad shy of 1 billion tonne target

Livemint

Livemint · 1y ago

India's record coal output tad shy of 1 billion tonne target

India's coal production reached a record high of 997.4 million tonnes in fiscal year 2024, an 11.67% increase from the previous year. The cumulative production of coal and lignite exceeded 1 billion tonnes. Coal India Ltd, the world's largest coal miner, produced 773.6 million tonnes in FY24, with March seeing the highest monthly output of 88.6 million tonnes. The company aims to produce and supply 838 million tonnes in the current financial year, aligning with the government's goal to eliminate coal imports for the power sector by FY26.

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