India's FY24 Coal Production Exceeds 1 Billion Tonnes
COAL & MINING

India's FY24 Coal Production Exceeds 1 Billion Tonnes

India's coal and lignite production has reached an unprecedented milestone, surpassing 1 billion tonnes in the fiscal year 2023-24, according to Coal Minister Pralhad Joshi. This achievement reflects the country's robust efforts to boost domestic coal production and meet the growing demand for energy resources.

The record-breaking coal and lignite production signify India's progress towards enhancing self-sufficiency in coal production and reducing dependency on imports. With concerted efforts from the government and coal mining companies, India has achieved remarkable growth in coal output, strengthening its energy security and supporting economic growth.

Coal Minister Pralhad Joshi's announcement underscores the significance of the milestone in India's energy landscape. The record production levels not only demonstrate the resilience of the coal mining sector but also highlight the effectiveness of policies and initiatives aimed at promoting coal production and utilisation in the country.

The surge in coal and lignite production in FY24 is expected to have far-reaching implications for various sectors, including power generation, steel, cement, and other industries dependent on coal as a primary fuel source. The abundant availability of coal is poised to drive industrial growth and stimulate economic development across the country.

As India continues to prioritise coal production and invest in modernising its coal mining infrastructure, stakeholders in the energy and mining sectors anticipate sustained growth and stability in coal production. The achievement of surpassing 1 billion tonnes of coal production in FY24 marks a significant milestone in India's journey towards energy self-sufficiency and underscores its commitment to meet the nation's energy needs through domestic resources.

India's coal and lignite production has reached an unprecedented milestone, surpassing 1 billion tonnes in the fiscal year 2023-24, according to Coal Minister Pralhad Joshi. This achievement reflects the country's robust efforts to boost domestic coal production and meet the growing demand for energy resources. The record-breaking coal and lignite production signify India's progress towards enhancing self-sufficiency in coal production and reducing dependency on imports. With concerted efforts from the government and coal mining companies, India has achieved remarkable growth in coal output, strengthening its energy security and supporting economic growth. Coal Minister Pralhad Joshi's announcement underscores the significance of the milestone in India's energy landscape. The record production levels not only demonstrate the resilience of the coal mining sector but also highlight the effectiveness of policies and initiatives aimed at promoting coal production and utilisation in the country. The surge in coal and lignite production in FY24 is expected to have far-reaching implications for various sectors, including power generation, steel, cement, and other industries dependent on coal as a primary fuel source. The abundant availability of coal is poised to drive industrial growth and stimulate economic development across the country. As India continues to prioritise coal production and invest in modernising its coal mining infrastructure, stakeholders in the energy and mining sectors anticipate sustained growth and stability in coal production. The achievement of surpassing 1 billion tonnes of coal production in FY24 marks a significant milestone in India's journey towards energy self-sufficiency and underscores its commitment to meet the nation's energy needs through domestic resources.

Next Story
Infrastructure Urban

Hyundai India to Launch Hybrid, Plans 26 Models by 2030

Hyundai Motor India Limited will introduce a hybrid vehicle as part of a larger plan to launch twenty-six models by 2030. The move aligns Hyundai with Toyota and Suzuki, who advocate hybrids to address India’s limited charging network and price-sensitive market.The refreshed portfolio will include six battery-electric vehicles, twenty internal combustion engine models, and one hybrid. These will span both mass and premium segments, including hybrid sport utility vehicles.According to Chief Operating Officer Tarun Garg, no single technology can meet all market needs. He called the hybrid segm..

Next Story
Infrastructure Transport

Railway Board Approves Survey for 4th Terminal Near Bengaluru

The Railway Board has approved a Final Location Survey for a mega coaching terminal near Bengaluru airport. The proposed terminal, to be located near Devanahalli or along the Yelahanka–Devanahalli–Chikkaballapur route, is estimated to cost Rs 13.5 million.According to South Western Railway, the new terminal will decongest Bengaluru’s overburdened railway infrastructure and meet growing passenger demand. It will serve as the fourth terminal, offering operational flexibility and capacity to handle thirty-six rakes daily.The design includes twelve pit lines, five washing lines, twenty-four ..

Next Story
Infrastructure Transport

GMR Takes Over Cargo Terminal Operations at IGI Airport

GMR Airports Limited has been awarded the concession to operate, maintain and manage the existing cargo terminal at Indira Gandhi International Airport, New Delhi. The move follows the immediate termination of Celebi’s agreement by Delhi International Airport Limited, a GMR subsidiary.The Ministry of Civil Aviation issued a directive on May fifteen, revoking the security clearance of Celebi group entities in India due to national security concerns. In compliance, DIAL cancelled Celebi’s concession and reassigned the responsibility to GMR, which already holds the required security clearance..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?