Coal India targets 838 MT output for FY25

29 Feb 2024 CW Team

Prasad mentioned that the initial target for Coal India was 850 MT, but due to substantial coal stocks at thermal power plants (TPPs), the Ministry has revised the production target to 838 MT for FY25. During a post-earnings conference call for the third quarter of FY24, Prasad stated that Coal India remains well-positioned to exceed the target if there is a significant increase in power demand.

Of the total production target, 661 MT is allocated for the power sector (regulated sector), while the remaining 177 MT will be supplied to the non-regulated sector.

Prasad noted that current coal stocks at TPPs are sufficient, ranging from 85-100 MT, and a review of the coal production target for FY25 is scheduled by the ministry in the first week of April.

India has experienced a 50.8 percent increase in power demand in energy terms from 2013-14 to 2022-23, with peak power demand rising from 136 GW in 2013-14 to 243 GW in September 2023.

Anticipating a peak electricity demand of 256.5 GW in 2024 and a surge to 384 GW in 2031-2032, the government is increasing coal-fired generation capacity. To meet the rising demand, imported coal has been utilised, preventing power cuts and blackouts. Singh, on December 6, 2023, emphasised that the use of imported coal for blending at thermal power plants averted potential shortages.

With domestic coal stocks improving due to increased production, Coal India is optimistic about reducing reliance on imported coal. Prasad expressed hope that imported coal, approximately 200 MT of substitutable coal, would gradually decrease.

As the world's largest coal producer, Coal India achieved a record coal production of 703.2 MT in the last fiscal year. However, for the current fiscal year (2023-24), Prasad admitted the possibility of missing the production target of 780 MT (FY24) by approximately 10 MT. Despite the target of 610 MT for the power sector, Prasad assured that Coal India would exceed this amount.

Coal India (CIL) has announced its goal to achieve a coal production of 838 million tonne (MT) in the fiscal year 2024-25, with 661 MT designated for the power sector alone, according to PM Prasad, the chairman and managing director (CMD) of the state-owned company. Prasad mentioned that the initial target for Coal India was 850 MT, but due to substantial coal stocks at thermal power plants (TPPs), the Ministry has revised the production target to 838 MT for FY25. During a post-earnings conference call for the third quarter of FY24, Prasad stated that Coal India remains well-positioned to exceed the target if there is a significant increase in power demand. Of the total production target, 661 MT is allocated for the power sector (regulated sector), while the remaining 177 MT will be supplied to the non-regulated sector. Prasad noted that current coal stocks at TPPs are sufficient, ranging from 85-100 MT, and a review of the coal production target for FY25 is scheduled by the ministry in the first week of April. India has experienced a 50.8 percent increase in power demand in energy terms from 2013-14 to 2022-23, with peak power demand rising from 136 GW in 2013-14 to 243 GW in September 2023. Anticipating a peak electricity demand of 256.5 GW in 2024 and a surge to 384 GW in 2031-2032, the government is increasing coal-fired generation capacity. To meet the rising demand, imported coal has been utilised, preventing power cuts and blackouts. Singh, on December 6, 2023, emphasised that the use of imported coal for blending at thermal power plants averted potential shortages. With domestic coal stocks improving due to increased production, Coal India is optimistic about reducing reliance on imported coal. Prasad expressed hope that imported coal, approximately 200 MT of substitutable coal, would gradually decrease. As the world's largest coal producer, Coal India achieved a record coal production of 703.2 MT in the last fiscal year. However, for the current fiscal year (2023-24), Prasad admitted the possibility of missing the production target of 780 MT (FY24) by approximately 10 MT. Despite the target of 610 MT for the power sector, Prasad assured that Coal India would exceed this amount.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..