The Indian government aims to produce 170 million tonnes of coal from captive and commercial coal mines in the fiscal year 2024-25 (April 2024-March 2025), local media reported.
M. Nagaraju, additional secretary of coal, reviewed the coal output target in a meeting participated by representatives from 74 coal mines, expressing confidence in achieving the set target.
India's captive and commercial mines churned out 147.12 million tonnes of coal over FY23-24, rising 26.8% from 116 million tonnes in FY22-23. Captive mines of power and non-power sector accounted for 121.3 million tonnes and 8.40 million tonnes, respectively, while commercial mines contributed 17.50 million tonnes, data showed.
This move will play a prominent role in enhancing India's domestic coal production and reducing its reliance on imported coal and ensuring energy security amid ongoing surge in power demand.
(Writing by yan.sun Editing by Harry Huo)
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