Government Sets Coal Production Target at 170 Million Tonnes for FY25
The government aims to produce 170 million tonnes of coal from captive and commercial coal blocks in the upcoming financial year, as per the review conducted by M Nagaraju, the additional secretary of coal. Representatives from 74 coal mines participated in the review meeting, expressing confidence in achieving the set target.
Coal block allottees are optimistic about meeting the 170 million tonnes production target for 2024-25.
Plans for the operationalisation of new mines during the fiscal year 2024-25 were reviewed.
In the previous fiscal year (FY24), captive and commercial coal blocks collectively produced 147.12 million tonnes of dry fuel. Among these, power sector captive mines accounted for around 121.3 million tonnes, non-power sector captive mines produced 8.4 million tonnes, while commercial mines contributed 17.5 million tonnes to the total output.
During the April-February period of FY24, the country’s coal import increased to 244.27 million tonnes from 227.93 million tonnes in the corresponding period of the previous year, according to data compiled by B2B e-commerce company mjunction.
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