India's coal production from April to February of the current fiscal year reached 880.72 million tonnes (MT), leaving it just 119.28 MT short of its target of 1 billion tonnes for FY24.
In the previous fiscal year 2022-23, India produced 893 MT of coal.
The Ministry of Coal reported a 12% increase in cumulative coal production during April-February 2024 compared to the same period in FY23. In February 2024 alone, coal production surged by 12% to 96.60 MT compared to February 2023. State-owned giant Coal India Ltd (CIL) recorded an 8% increase in production in February 2024 compared to the previous year.
Cumulative coal dispatches also rose by over 11% during April-February 2024 compared to the corresponding period in the previous year. In February 2024, coal dispatches grew by 13.63% compared to February 2023. CIL's dispatches in February 2024 were 12% higher than the previous year.
India ranks among the top five coal producers and consumers globally.
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