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.

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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


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