Coal production in April up 29% from last year, government says


The Union Coal Ministry said on Tuesday that coal production in the country increased by 29% in April to 66.58 MT from 51.62 MT in April 2021.

A coal ministry official said production at captive mines and other types of mines increased by 60% over the same period, while the shipment of coal to power utilities increased by 18.15%.

The ministry’s update comes even as several Indian states are grappling with an energy crisis caused by a shortage of coal, exacerbated by growing demand for electricity due to the ongoing heat wave in large parts of the country. .

According to the Ministry of Coal, Coal India Limited and Singareni Collieries Company Limited recorded growth of 27.64% and 9.59%, respectively.

Read also :

Recently, the Ministry of Coal stated that CIL currently has a coal stockpile of 56.7 MT. While Singareni Collieries Company Ltd (SCCL) stock is 4.3 MT, the captive coal blocks have around 2.3 MT of stock.

The ministry also said that a decline in coal import prices has been observed since the end of October last year, adding that international prices are still at a high level.

“Of the 37 major coal mines, 22 produced more than 100% and another 10 produced more than 80%,” a coal ministry official said, adding that coal-based power generation has seen a surge. growth of 9.26% in April 2022 compared to April 2021, while the Overall electricity production in April was 11.75% higher than in April last year.

First post: STI


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button