Coal Sector Records 11.6% Growth in Feb 2024

04 Apr 2024 CW Team

In February 2024, the coal sector exhibited robust growth, registering a significant increase of 11.6%, surpassing other core industries in India. This remarkable performance underscores the resilience and vitality of the coal sector despite various challenges and fluctuations in the market.

The coal industry's stellar performance in February reflects its pivotal role in driving India's industrial growth and meeting the nation's energy requirements. As a primary source of energy for various sectors, including power generation, steel, cement, and others, coal plays a crucial role in sustaining economic activities and supporting infrastructure development.

The impressive growth in the coal sector is attributed to several factors, including increased demand from key industries, improved coal production, and efficient supply chain management. Additionally, proactive measures taken by the government to enhance coal production and streamline regulatory processes have contributed to the sector's growth trajectory.

The coal sector's strong performance in February 2024 bodes well for India's overall economic outlook, signalling positive momentum in industrial production and energy consumption. The sustained growth in coal production and consumption reaffirms the sector's resilience and its ability to adapt to changing market dynamics.

As the backbone of India's energy infrastructure, the coal sector's robust growth underscores the importance of continued investment and modernization efforts to enhance productivity and efficiency. With ongoing initiatives aimed at promoting sustainable coal mining practices and reducing environmental impact, the sector is poised for continued growth and development in the coming years.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..