India’s domestic coal production goes up by 28% as of June 16, 2022
COAL & MINING

India’s domestic coal production goes up by 28% as of June 16, 2022

The Ministry of Coal told the media that the total domestic coal production in 2022-23, as of May 31, 2022, is 137.85 mt, which is 28.6% more than the production of 104.83 mt in the same period of last year. This increasing trend is being maintained in June 2022 also.

After a record-breaking coal production of 777 million tonnes (mt) in 2021-22, domestic coal production continues to see an increasing trend in the current financial year (FY) also.

The coal production by Coal India Ltd (CIL) is 28% more than the production in the same period of the last year. The domestic coal production target for the current FY is 911 mt, which is 17.2% more than the last year.

The coal imports for combining the Domestic Coal Based (DCB) power plants have declined to 8.11 mt in the year 2021-22, which has been the lowest coal import in the previous eight years. This was possible only due to the robust coal supply from domestic sources and improved domestic coal production.

From 2016-17 to 2019-20, the Imported Coal Based (ICB) power plants had imported coal of over 45 mt per year. However, coal import by the ICB power plants declined to the lowest level of 18.89 mt in 2021-22. In the year 2021-22, the production from these plants also declined to 39.82 billion units (BU) as corresponded to the 100+ BU which these plants have been producing for quite some time. This year their production remains very low due to the high cost of imported coal.

In the last five years, the coal-based power generation has increased at a compound annual growth rate (CAGR) of 1.82%, whereas the domestic coal supply to the power sector has increased at a CAGR of 3.26%. Thus, coal supply to the power sector has outpaced the development in coal-based power generation and continues to do so in the current year too.

Coal supply from CIL to the DCB power plants has been more than the supply needed to be made under Fuel Supply Agreement (FSA) in the year 2021-22. CIL had provided 540 mt of coal, out of which 483 mt coal was delivered against FSA. This coal was adequate for the power plants to operate at 69% PLF, whereas the DCB power plants ran at a PLF of only 61.3% in the year 2021-22.

Image Source

Also read: India to increase coal output to reduce dependence on imports

The Ministry of Coal told the media that the total domestic coal production in 2022-23, as of May 31, 2022, is 137.85 mt, which is 28.6% more than the production of 104.83 mt in the same period of last year. This increasing trend is being maintained in June 2022 also. After a record-breaking coal production of 777 million tonnes (mt) in 2021-22, domestic coal production continues to see an increasing trend in the current financial year (FY) also. The coal production by Coal India Ltd (CIL) is 28% more than the production in the same period of the last year. The domestic coal production target for the current FY is 911 mt, which is 17.2% more than the last year. The coal imports for combining the Domestic Coal Based (DCB) power plants have declined to 8.11 mt in the year 2021-22, which has been the lowest coal import in the previous eight years. This was possible only due to the robust coal supply from domestic sources and improved domestic coal production. From 2016-17 to 2019-20, the Imported Coal Based (ICB) power plants had imported coal of over 45 mt per year. However, coal import by the ICB power plants declined to the lowest level of 18.89 mt in 2021-22. In the year 2021-22, the production from these plants also declined to 39.82 billion units (BU) as corresponded to the 100+ BU which these plants have been producing for quite some time. This year their production remains very low due to the high cost of imported coal. In the last five years, the coal-based power generation has increased at a compound annual growth rate (CAGR) of 1.82%, whereas the domestic coal supply to the power sector has increased at a CAGR of 3.26%. Thus, coal supply to the power sector has outpaced the development in coal-based power generation and continues to do so in the current year too. Coal supply from CIL to the DCB power plants has been more than the supply needed to be made under Fuel Supply Agreement (FSA) in the year 2021-22. CIL had provided 540 mt of coal, out of which 483 mt coal was delivered against FSA. This coal was adequate for the power plants to operate at 69% PLF, whereas the DCB power plants ran at a PLF of only 61.3% in the year 2021-22. Image Source Also read: India to increase coal output to reduce dependence on imports

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code