The Business Bytes
New Delhi, May 02, 2024 (TBB Bureau): India’s coal production for April 2024 has surged to 78.69 million metric tonnes (MT) (Provisional), marking a significant growth rate of 7.41 per cent compared to the corresponding period in the previous year, which stood at 73.26 MT. This robust growth in coal production underscores the nation’s continued efforts to meet its energy demands and bolster its industrial sector.
According to data released by authorities, Coal India Limited (CIL), the leading coal producer in the country, achieved a remarkable coal production of 61.78 MT (Provisional) during April 2024. This achievement represents a commendable growth rate of 7.31 per cent compared to the same period last year when it recorded 57.57 MT. The consistent increase in coal production by CIL showcases the company’s commitment to enhancing domestic coal output.
Moreover, coal production by Captive/others in April 2024 stood at 11.43 MT (Provisional), reflecting a notable growth of 12.99 per cent from the previous year, which was 10.12 MT. This uptick in coal production by Captive/others further contributes to India’s overall coal output, supporting various industrial and infrastructural developments across the nation.
Simultaneously, India’s coal dispatches for April 2024 have also experienced a substantial increase, reaching 85.10 MT (Provisional), marking a growth of 6.07 per cent compared to the same period last year, which was recorded at 80.23 MT. The surge in coal dispatches indicates a heightened demand for coal across various sectors, including power generation, manufacturing, and infrastructure.
During April 2024, CIL dispatched 64.26 MT (Provisional) of coal, showcasing a steady growth of 3.18 per cent compared to the corresponding period of the previous year when it dispatched 62.28 MT. This consistent dispatch performance by CIL underscores its pivotal role in fulfilling India’s coal requirements efficiently.
Additionally, coal dispatch by Captive/others in April was recorded at 15.16 MT (Provisional), reflecting an impressive growth of 26.90 per cent from the previous year, which stood at 11.95 MT. This surge in coal dispatches by Captive/others highlights the diverse sources contributing to India’s coal supply chain, ensuring a reliable and robust energy ecosystem.
