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
Real Estate

L&T Wins Mega Order for India’s Largest NVIDIA B300 AI Factory

Larsen & Toubro (L&T), through Vyoma.AI’s AI infrastructure subsidiary LTN Compute, has secured a mega order to develop what the company describes as India’s largest single-cluster AI infrastructure facility. The NVIDIA B300 AI Factory will support US-based AI cloud company Together AI’s platform for large-scale inference, fine-tuning and training workloads.The integrated AI Factory will be hosted at Vyoma.AI’s Chennai data centre campus and will have a capacity of 10,000 NVIDIA B300 GPUs. The platform will combine hyperscale data centre infrastructure, accelerated computing, h..

Next Story
Infrastructure Urban

Autodesk Elevates Nikhil Bagalkotkar to Lead AEC in India, SAARC

Autodesk has elevated Nikhil Bagalkotkar as Head – Architecture, Engineering and Construction (AEC), India and SAARC, with immediate effect.In his new role, Bagalkotkar will lead Autodesk's AEC business strategy across the region and drive adoption of the company's Design and Make platform. He will also focus on promoting digital design and construction technologies to help customers accelerate innovation and deliver more sustainable and resilient infrastructure.Bagalkotkar will be responsible for expanding Autodesk's AEC business, strengthening customer and partner engagement, and accelerat..

Next Story
Real Estate

Listed Developers' Pre-Sales Seen Rising 22.3 Per Cent in FY27

India's leading listed residential developers are expected to sustain strong sales momentum in FY27, with combined pre-sales of 11 major players projected to rise 22.3 per cent year-on-year, according to an analysis by ANAROCK Research & Advisory.Combined pre-sales of the developers are estimated to increase from Rs 1.49 trillion in FY26 to Rs 1.82 lakh crore in FY27. ANAROCK attributed the growth to sustained end-user demand, new project launches and strong execution despite higher property prices, construction costs and global uncertainties.Dr Prashant Thakur, Executive Director and Head..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement