According to the Ministry of Coal, India's coal production rose 16% to 698 million tonnes in the period of April-January in the current financial year. This is a significant increase as compared to the production of 602 million tonnes in the same period of the previous financial year.
The increase in production is mainly attributed to the higher offtake by the power sector. During April-January of the current fiscal, the power sector consumed 519 million tonnes of coal, up from 442 million tonnes in the corresponding period of the previous fiscal. The Ministry also said that its efforts to boost coal production are bearing fruit. During April-January of the current fiscal, Coal India Ltd (CIL) produced 563 million tonnes of coal, up 15.3% from the same period of the last fiscal. CIL is the largest coal producer in India and accounts for over 80% of the domestic production.
During the period, the company's offtake also rose to 474 million tonnes, up from 392 million tonnes in the same period of the previous fiscal. The Ministry also stated that the production of coal from non-CIL sources increased to 135 million tonnes during April-January of the current fiscal, up from 211 million tonnes in the same period reading The latest data released by the Ministry of Coal states that the coal production in India rose by 16% during the April-January period of the current financial year. This production amount was 698 million tonnes as compared to 600 million tonnes during the same period last year. The ministry also stated that the coal offtake by the power sector also increased by 8% to 479 million tonnes during the April-January period of the current fiscal, as compared to the 441 million tonnes in the same period last year. The coal production by Coal India Limited (CIL) in the April-January period of the current fiscal year was 568 million tonnes, which was an increase of 16.5%. The CIL offtake during the same period was also up by 10%, to 472 million tonnes. The ministry also stated that the coal offtake by non-power sector during this period was up by 4.8% to 126 million tonnes, as compared to the 120 million tonnes in the same period last year. In conclusion, the coal production in India has seen an increase of 16% in the April-January period of the current financial year.