Coal Production Increased Impressively During April–November 2022
India’s coal production increased impressively by 17.13% to 524.20 Million Ton (MT) during April –November 2022 as compared 447.54 MT production during the same period of the previous year. Coal India Ltd (CIL) coal production reported 412.63 MT up to November of FY 23 as compared to 353.41 MT during the same period of the previous year representing an increase of 16.76%.
With an objective to enhance coal production capacity, Ministry of coal has put 141 new coal blocks for commercial auction and has been engaging regularly with various coal companies in the country and monitoring their production. The all-round efforts made to increase the domestic production and despatch have shown extremely good results. India is the world’s third largest energy consuming country and the demand for electricity grows by about 4.7% annually.
The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under MMDR (Amendment) Act, 2021 to allow lessee of captive mines to sell coal or lignite up to 50% of the total excess production after meeting the requirements of the end-use plant. The amendment has paved the way for releasing of additional coal in the market by greater utilization of mining capacities of captive coal blocks which has led to increase in production of coal by Captive and Other companies by 33.41% to 71.07 MT during Apr-Nov’22 as compared to 53.27 MT production during corresponding period of FY 22.
Coal Ministry is taking steps to augment rail connectivity infrastructure for all major mines under PM-Gati Shakti to ensure faster transportation. As a result, the total coal despatch have been to the tune of 557.95 MT during Apr-Nov’22 as compared to 519.26 MT during same period of FY 22 indicating a growth of 7.45 % which shows steady and efficient amount of coal despatch to various sectors across the nation.
Next Story :
-
Waliullah Sameer makes 20 major promises to drive progress in Hyderabad
![Waliullah Sameer makes 20 major promises to drive progress in Hyderabad]()
HYDERABAD: Hyderabad District Congress Committee (DCC) President and Congress candidate for the Hyderabad Lok Sabha constituency Mohammed Waliullah Sameer has pledged to end communal politics and promote development in Hyderabad’s Old City.
-
Rahul Gandhi will be the next Prime Minister of India: Uttam
![Rahul Gandhi will be the next Prime Minister of India: Uttam]()
Hyderabad, May 10: Civil Supplies and Irrigation Minister Capt. N. Uttam Kumar Reddy predicted that the mood in the country was in favour of the Indian National Developmental Inclusive Alliance (INDIA), which will form the next government at the Centre with Rahul Gandhi as the next Prime Minister.
-
All Set For Polling On May 13: Ronald Rose
![All Set For Polling On May 13: Ronald Rose]()
Hyderabad, May 10 (Maxim News): Hyderabad Election Officer Ronald Rose said that all arrangements for the polling to be held on May 13 has been completed.
-
Pawan Kalyan Made Sensational Comments On The Muslim Reservation
![Pawan Kalyan Made Sensational Comments On The Muslim Reservation]()
Amaravati/Hyderabad, May 10 (Maxim News): Jana Sena Chief Pawan Kalyan has made sensational comments that there is no need for Muslims reservation along with Kapu reservation which has been demanded for a long time in the state.
-
Admissions Open for MA English in MANUU
![Admissions Open for MA English in MANUU]()
Hyderabad: Maulana Azad National Urdu University (MANUU), Department of English is offering admissions in MA English on merit basis. The last date for submitting online application form is June 30, 2024.
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
