With a 16.39% Increase, Coal Production Touches 607.97 Million Ton During April-December 2022
India’s coal production increased impressively by 16.39% to 607.97 MT during Apr-Dec’22 as compared to 522.34 MT produced during the same period of FY 22. CIL reported coal production of 479.05 MT up to December of FY 23 as compared to 413.63 MT during the same period of FY 22, representing an increase of 15.82%.
Ministry of Coal has paved the way for releasing additional coal in the market by greater utilization of mining capacities of captive coal blocks which has led to increasing in production of coal by Captive and Other companies by 31.38% to 81.70 MT during Apr-Dec’22 as compared to a 62.19 MT produced during the corresponding period of FY 22. The Ministry has also amended the Mineral Concession (Amendment) Rules, 1960 under the MMDR (Amendment) Act, 2021 to allow the lessee of captive mines to sell coal /lignite up to 50% of the total excess production after meeting the requirement of the end-use plants.
The Ministry is taking steps to augment rail connectivity infrastructure for all major mines under PM Gati Shakti to ensure faster evacuation. As a result, the total coal despatch has been to the tune of 637.51 MT during Apr-Dec’22 as compared to 594.22 MT during the same period of FY 22 representing a growth of 7.28 % which shows a steady and efficient amount of coal despatch to various sectors across the nation.
With an objective to enhance the coal production capacity, the 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-around efforts made to increase domestic production and despatch have shown extremely good results.
Next Story :
-
60-Year-Old Stripped, Tied To A Motorcycle, For ‘Cow Smuggling’
![60-Year-Old Stripped, Tied To A Motorcycle, For ‘Cow Smuggling’]()
Garhwa/Hyderabad, May 19 (Maxim News): A 60-year-old man was allegedly stripped and dragged after being tied to a motorcycle by three persons on suspicion of cow smuggling in Jharkhand’s Garhwa district, police said on Sunday.
-
A Teenager Died Of Snake Bite
![A Teenager Died Of Snake Bite]()
Hyderabad, May 19 (Maxim News): A teenager died of a snake bite at Kandukur in Ranga Reddy district on Sunday.
-
Three Died Due To Lightning In Vikarabad
![Three Died Due To Lightning In Vikarabad]()
Hyderabad, May 19 (Maxim News): A tragedy took place in the Vikarabad district. Three people were killed in a lightning strike due to heavy rain in the district. Another was seriously injured. This tragic incident took place in Yalal Mandal on Sunday.
-
Heavy Rain In Hyderabad
![Heavy Rain In Hyderabad]()
Hyderabad, May 19 (Maxim News): It is raining in many places in Hyderabad. The whole city is covered in clouds. The Meteorological Department has warned that there is a chance of heavy rain. Currently, heavy rain has been falling in Suchitra, Kompalli, jeedimetla, Pet Basheerabad, and Bahadur Palli for about half an hour. On the other…
-
Youth Hunger Strike To Remove Belt Shops
![Youth Hunger Strike To Remove Belt Shops]()
Rangareddy/Hyderabad, May 19 (Maxim News): A young man protested in an innovative way that because of the belt shops in the village, young people to old people are getting sick after drinking alcohol. A youth named Naveen from Tindivanam village of Farooq Nagar Mandal of Rangareddy district went on a hunger strike to remove the belt shops…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
