New Delhi: In a remarkable achievement, India’s coal production from captive and commercial mines has crossed the 100 million tonnes (MT) mark as of November 8, 2024, according to the Ministry of Coal. This milestone was reached nearly 100 days ahead of the previous financial year, demonstrating significant progress towards Prime Minister Narendra Modi’s vision of a self-reliant, developed India, or Viksit and Atmanirbhar Bharat.
Between April 1 and November 8, 2024, coal production from captive and commercial mines reached 100.08 MT, compared to 75.05 MT during the same period in the last fiscal year, marking a 33% year-on-year increase. Likewise, coal dispatches rose to 107.81 MT, up from 80.23 MT in FY 2023-24—a 34% growth. This accelerated production reflects the successful implementation of policy reforms and the enhanced role of private sector participation in the coal sector.
The Coal Ministry has set an ambitious production target of over 170 million tonnes from captive and commercial coal blocks for FY 2024-25, aiming to further increase the share of these blocks in India’s total coal output. This achievement underscores India’s strides toward self-sufficiency in energy resources, aligning with the nation’s Viksit Bharat 2047 goals for economic growth and energy independence.
The Ministry is focused on maintaining this growth trajectory while also adhering to environmentally responsible mining practices, ensuring sustainable development as India marches towards its energy and economic aspirations.