HomeBREAKING NEWSCoal Production for FY 2023-24 Crosses 800 MT Mark in India

Coal Production for FY 2023-24 Crosses 800 MT Mark in India

Published on

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.

YOU MIGHT ALSO LIKE

Trending Searches Today |

Share Market

DIIs Raise Indian Equity Share to Record 17%: SEBI

SEBI says domestic institutional investors raised their Indian equity share to a record 17%, while FPI ownership fell to a 15-year low.

Sensex Today, Markets End Higher as Investors Track West Asia Developments

Sensex rose 274 points and Nifty closed above 24,300 as investors tracked West Asia tensions. Check key levels and market highlights.

More like this

Kerala Name Change Bill 2026 Clears Lok Sabha

Kerala Name Change Bill 2026 clears Lok Sabha, paving the way for Keralam. Read key details and political developments.

Assam Flood Death Toll Reaches 101 Amid Heavy Rain

Assam’s flood death toll has reached 101 as heavy rainfall and rising river levels continue to affect several districts across the state.

Bengaluru Skyye Lounge Shut After 45 Kg Rotten Meat Found in Raid

Karnataka food safety officials found 45 kg of rotten meat, mouldy food and expired dairy products at Bengaluru’s Skyye Lounge.