Coal Production for FY 2023-24 Crosses 800 MT Mark in India
New Delhi: As of February 6th, 2024, India’s coal production for FY 2023–24 reached 803.79 MT, a significant increase over the 717.23 MT recorded for the same period of FY 2022–23 and a significant growth rate of 12.07%. In the previous FY 2022–2023 on March 8, 23, the same production figure of 800 MT Mark was reached.
The Ministry of Coal has made this incredible progress towards energy security and self-sufficiency with the aim of Atmanirbhar Bharat (self-reliant India) initiative. This is a significant turning point in India’s path towards sustainable development.
In addition, the improved coal logistic infrastructure has been essential in enabling the movement and distribution of coal throughout the country. As of the same day, the amount of coal dispatch has increased to 815.11 MT, indicating a growth rate of 10.75% and a significant rise over the 736.00 MT recorded during the same period of the previous fiscal year.
This faster-than-expected rate of coal production and delivery is indicative of India’s steadfast determination to meet the country’s energy needs while also promoting economic development and progress. This noteworthy expansion serves as an example of the coal industry’s adaptability and perseverance in overcoming challenges and grabbing growth possibilities.
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