India's coal ministry plans to ramp up the country's coal production to 1.404 billion tonnes by 2027 and a further boost to 1.577 billion tonnes by 2030, in response to the growing energy demand, the authority said on November 13.

The country's coal production is currently at around 1 billion tonnes annually.

The Ministry of Coal expected around 400 million tonnes of coal requirement for supplying to additional 80 GW thermal capacity to be added in the country by 2030.

To achieve these ambitious production goals, the ministry is expected to strategize the opening of new mines, expand the existing mine capacities, and optimize the utilization of captive and commercial mines.

The projected production for 2027 and 2030 is expected to surpass the domestic requirements of thermal power plants, including those for the anticipated additional capacity, according to the ministry's statement.

In a collaborative effort, the coal, power, and railway ministries will work closely to ensure seamless coal supplies.

Coal stocks at thermal power plants have been steadily increasing since October 16, reaching around 20 million tonnes, while stocks at mines have surged to 41.59 million tonnes. The overall stockpile, including transit and captive mines, has grown to 73.56 million tonnes, marking a 12% increase compared to the previous year's figure of 65.56 million tonnes, data showed.

(Writing by Emma Yang  Editing by Harry Huo)
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