The Coal Ministry had set a production and shipping target of 1,012 million tonnes (MT) of coal for consumers in FY24. As of October 17, 2023, the Ministry had already dispatched 500 MT of coal, marking a remarkable performance milestone. This achievement occurred within the first 200 days of the year, particularly during the monsoon season, signifying a significant accomplishment.
Traditionally, the second half of the year sees a higher production and dispatch rate than the first half. Therefore, it is expected that the coal dispatch for this year will exceed one billion tonnes, given the early attainment of the 500 MT milestone by November 9, 2022, in the previous fiscal year. Notably, this year’s 500 MT dispatch milestone was achieved in just 23 days.
It’s noteworthy that out of the 500 MT dispatched, 416.57 MT was designated for the power sector, while 84.77 MT was allocated to the non-regulated sector. Year-over-year, coal transportation to the power sector saw a 7.27% growth, while the non-regulated sector experienced a substantial 38.02% year-over-year growth. By March 31, 2023, a total of 893.19 million tonnes of coal had been dispatched in the previous year.
This significant achievement by the Coal Ministry was made possible through the collaborative efforts of entities such as Coal India Ltd. (CIL), Singareni Collieries Company Ltd. (SCCL), and various captive/commercial mines.
