Tuesday 19th of November 2024

Follow Us

Breaking News

India coal production exceeds 16% during April'22 - Jan'23

New Delhi, Feb 24:-- India’s domestic coal production has shown impressive growth in the past few years. It has increased from over 730 Million tonnes (MT) in 2019-20 to over 778 MT in 2021-22, achieving a growth of 6.47 percent. The rising trend of coal production has further gained pace in the current financial year and the country has recorded an impressive growth of more than 16 percent with production of over 698 MT during the period from April 2022 to January 2023 as compared to  the corresponding period of the previous year.

 

In this period, Coal India Limited own production has also gone up by over 15 percent to over 550 MT from over 478 MT. The increase in domestic coal production has helped the country curb import to a large extent in face of sharp increase in coal demand arising due to continuous rise in power consumption.

The Coal Ministry has fixed the production target of 1.31 billion tonnes for Financial year 2025 and the same is to go up to 1.5 billion tonnes by 2030. The Ministry has been actively engaging with various State Government and Central Government agencies both for starting new coal mines and also for increasing coal production in the currently operational mines.
Related Business News

Naveen Jindal Inaugurates 'Shramveer Palace' at JSP's Angul Unit

 ANGUL: Naveen Jindal, the 3rd time Member of Parliament from Kurukshetra, Haryana, and Chairman of Jindal Steel & Power (JSP), inaugurated the Shramveer Palace at JSP’s Angul unit, Odisha. This 1056-bedded fully air-conditioned accommodation, equipped with world-class facilities, is ....

Talcher coalfield strike slips NTPC Kaniha into super critical state

 By Jagadananda Pradhan ANGUL:The 3000MW NTPC- Kaniha Power Plant which provides power to 17 states  has slipped into super critical state with having only two days of coal stock. This critical situation arises due to indefinite strike at Talcher coalfield by which coal supply to this Supe....

India's wholesale inflation rises to 2.36 pct in October

 India's wholesale price index (WPI) inflation increased to 2.36 percent in October, official data showed on Thursday.  The increase was primarily due to hike in prices of food items, machinery and equipment, motor vehicles, trailers and semi-trailers.  WPI food inflation increased fr....

Ethiopia's first free trade zone fully operational

 DDIS ABAB:The Ethiopian Industrial Parks Development Corporation (IPDC) on Tuesday announced that the Dire Dawa Free Trade Zone, the country's first free trade zone, has become fully operational.  The free trade zone will boost the East African country's capabilities in attracting interna....

India's industrial production grows 3.1 pct in September

 India's factory activity growth, determined by the Index of Industrial Production (IIP), grew 3.1 percent in September, government data showed Tuesday. The IIP growth rate for September 2024 was 3.1 percent, compared to a contraction of 0.1 percent in August, reported the federal ministry of s....

Links
Contact
Editor :
Jagadananda Pradhan
Email :
fastmail@yahoo.com
For Ads :
fastmailads@gmail.com
Ph : (+91)6764295999
Contact Us
© 2024 Fast Mail Media Pvt Ltd. All Rights Reserved.
Powered by : FM Media Pvt Ltd.
Developed by : Futuradept Tech