• Hi, please login. Free Register Client Center
    Packages Subscription Shopping Cart
    Favorite
    Online Support
    APP

    India coal production from captive, commercial mines jumps to 116.5 Mt, minister

    sxcoal.com Policy,  International 2023-12-25 08:44:49

    Coal production from captive and commercial mines in India has increased substantially to 116.55 million tonnes in fiscal 2022-23 from about 28.62 million tonnes in 2015-16, Coal and Mines Minister Pralhad Joshi said.

     

    Addressing a consultative committee meeting of the coal ministry, Joshi projected production to rise to around 145 million tonnes in fiscal 2023-24 (April 2023-March 2024).

     

    He highlighted the need to boost coal output given India's expected doubling of per capita power consumption to meet development goals by 2030.

     

    Overall coal production is on track to surpass 1 billion tonnes this fiscal year due to improved transportation and rail wagon availability ensuring steady supplies to power plants, Joshi said.

     

    The minister noted "substantial progress" with 91 mines successfully auctioned since commercial coal mine auctions began in 2020. The 9th tranche was launched on December 20.

     

    Coal Secretary Amrit Lal Meena and Additional Secretary M. Nagaraju detailed growth in captive and commercial coal production and strategies to augment availability. They also discussed pathbreaking initiatives in the sector.

     

    By FY2030, Joshi expects output from captive and commercial mines could reach about 350 million tonnes, significantly contributing to overall domestic production.

     

    The ministry aims to fully meet India's thermal coal needs domestically by 2026. For this, it has implemented reforms like revenue-sharing auctions and production incentives.

     

    (Writing by Alex Guo  Editing by Harry Huo)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

    Share this article
    Connect with us

    All rights reserved. No reproduction is allowed without written permission.

    Related Articles

    Editor's Pick

    1 Russia's thermal coal exports set to fall in 2024 on China's tariffs 2024-01-02

    Russia may find it challenging to prevent its coal exports, especially thermal coal, from falling in 2024 compared with a year ago, after China, its top destination, reinstated coal import tariff from

    2 China's portside thermal coal stabilizes after holiday break 2024-01-02

    China's portside thermal coal prices remained largely stable on the first day after the New Year holiday as the majority of buyers adopted a wait-and-see approach.On January 2, offers for 5,500 Kcal/k

    3 Weekly: China's thermal coal prices edge lower before stabilizing 2024-01-02

    China's portside thermal coal prices continued edging lower last week as a rebound in temperature suppressed coal consumption and dragged down trading liquidity, but the market appeared to stabilize o

    4 China's coking coal market jittery after steel mills propose coke price cut 2024-01-02

    China's coking coal market was temporarily steady as a whole on January 2, given growing prudence among downstream buyers and traders following the proposal of the first round of coke price cut.?Some

    5 Earthquake disrupts power generation in Japan's Noto Peninsula 2024-01-02

    A strong earthquake measuring 7.6 on the Richter scale struck Japan's Noto Peninsula in Ishikawa prefecture's northern region on January 1, causing significant disruptions to power generation, media r

    6 China futures market updates at close (Jan 2) 2024-01-02

    Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

    7 China's Tongliao Jan-Nov raw coal output up 1.0% on yr 2024-01-02

    Northern China's Tongliao city, a prefecture-level city of Inner Mongolia, produced 4.33 million tonnes of raw coal in November, down 5.7% year on year, according to data released by the statistics bu

    8 Weekly: China's anthracite prices under downward pressure 2024-01-02

    Anthracite prices in China's main production regions faced downward pressure during the past week amid sluggish demand.Anthracite miners maintained low operating rates as coal mines completing annual

    9 Weekly: China's coking coal prices soften on lackluster demand 2024-01-02

    China's coking coal market fluctuated during the past week, with some miners cutting prices by 50-100 yuan/t. Coke producers only maintained on-demand purchases amid weak profitability, while traders

    10 Infographic | S. Africa coal exports in Nov 2023 2024-01-02

    Infographic | S. Africa coal exports in Nov 2023

    Most Read Articles

    1 China's coking coal stocks rise amid dull buys; steelmakers eye coke price cut 2023-12-29

    China's coking coal inventories held by miners at main production regions registered substantial increases during the past week, primarily owing to soured sales resulting from coke producers' on-deman

    2 Indonesian thermal coal demand remains tepid despite price edge 2023-12-27

    Indonesian thermal coal market has been thinly-traded in the holiday-shorten week, despite increased price advantage against Chinese domestic coal.While the overall demand remained weak, some deals we

    3 Hengyuan Coal and Electricity expects stable thermal coal prices in 2024 2023-12-27

    Hengyuan Coal Industry and Electricity Power Co., Ltd., a Shanghai-listed coal producer in eastern China's Anhui province, expects domestic thermal coal prices to remain largely stable in 2024, it sai

    4 CHN Energy Xinjiang Energy outbound coal shipments up 124% YoY 2023-12-27

    CHN Energy Xinjiang Energy Co., Ltd, a subsidiary of state-run China Energy Investment Corporation, completed 13.03 million tonnes of coal outbound deliveries as of December 23, surging 7.21 million t

    5 Review: Japan Nov coal imports edge down; Australian coal takes 65% 2023-12-27

    Japan's coal imports trickle down in November from the previous month, with coal supplies from Australia accounting for 65% of the total, according to data from Japan's Ministry of Finance.Japan impor

    6 Indonesia coal output to hit record high in 2023 2023-12-28

    Indonesia's coal production is on track to reach an all-time high this year, not just surpassing the government's target, as strong global demand and good weather spurred mining operations.Coal produc

    7 Seaborne import thermal coal market continues to face subdued demand 2023-12-28

    Trading activity in the Asian seaborne import thermal coal market stayed subdued on December 28, with many participants yet to resume trading after holidays, sources said.Offer prices remained unchang

    8 China's Erenhot border crossing coal imports hit record high 2023-12-27

    Coal imports through northern China's Erenhot port on the border with Mongolia have set a new record, local media reported, underscoring expanded energy cooperation between China and Mongolia.The bord

    9 N.S. lifts stop-work order of Donkin mine 2023-12-28

    The Nova Scotia government lifted the work stoppage order of the Donkin coal mine located at Cape Breton of Nova Scotia in southeastern Canada, but when the coal mine will restart mining is still uncl

    10 China Coal Daily Track (Dec 29) 2023-12-29

    Thermal coalProduction area Thermal coal prices held steady in the mine-mouth market, although a few minor price adjustments were also heard. Coal supply dipped as more mines arranged maintenance or c

    Follow Us

    coal,coal price,coke,China coal,coking coal,thermal coal coal,coal price,coke,China coal,coking coal,thermal coal coal,coal price,coke,China coal,coking coal,thermal coal coal,coal price,coke,China coal,coking coal,thermal coal

    Privacy Policy | Terms of Use | Site Map | About Us | Contact Us | Join Us

    Shanxi Fensheng Information Services Co., Ltd.

    Phone：+86-351-7219322  （Business Hours 08:30-18:00 GMT+8）

    Fax：+86-351-4728543    

    中文字幕在线播放