India achieved a record coal production of 997.83 million tonnes (MT) in the financial year 2023-24, marking an 11.71% increase from the 893.19 MT produced in the previous fiscal year. This significant growth underscores the country’s efforts to enhance energy security and meet rising industrial demands.
The Ministry of Coal has set an ambitious target under the Integrated Coal Logistics Plan to reach a production level of 1.5 billion tonnes by the fiscal year 2030. This plan includes modernizing existing infrastructure, adopting advanced technologies, and encouraging private sector participation in coal mining.
In the calendar year 2024, up to December 15, coal production reached a provisional 988.32 MT, reflecting a year-on-year increase of 7.66%. Coal supplies also saw substantial growth, with 963.11 MT provisionally supplied by December 15, 2024, an increase of 6.47% over the previous year. The power sector received 792.96 MT of coal, a 5.02% rise, while the Non-Regulated Sector (NRS) saw a 14.48% growth with 171.24 MT supplied.
Under the “Mission Coking Coal” initiative, the Ministry aims to boost domestic raw coking coal production to 140 MT by 2030. For FY 2023-24, production stood at 66.82 MT, with a target of 77 MT set for FY 2024-25. Key measures include modernizing aging washeries under Bharat Coking Coal Limited (BCCL) and Central Coalfields Limited (CCL), monetizing old washeries to enhance operational efficiency, and auctioning 14 coking coal blocks to private players, expected to commence production by 2028-29.
