coal production

November 1, 2024 8:51 PM

India’s October coal production surges to 84.5 million tonnes

India’s coal production reached a total of 84.45 million tonnes in October, a 7.48 percent increase from the 78.57 million tonnes produced in the same month last year, according to the Ministry of Coal. Captive and other entities also demonstrated strong output, producing 16.59 million tonnes in October, a substantial rise from last year’s 11.70 million tonnes—a growth rate of 41.75 percent. For the fiscal year through October 2024, cumulative coal production reached 537.45 million tonne...

India’s coal production surges, import dependency declines

India, home to the world's fifth-largest coal reserves, has seen a significant boost in domestic coal production over the past decade, reducing its reliance on imports despite being the second-largest consumer of coal globally. Recent data reveals a marked improvement in India's coal production growth rate. From fiscal year 2004-05 to 2013-14, the compound annual growth rate (CAGR) of coal production was 4.44%. However, this figure rose to approximately 5.63% between fiscal years 2014-15 and 20...