Home » COAL » Coal production in country

Coal production in country

The Details of coal production in the country during the last five years and the current year is given below:

  [In Million Tonnes]

Year Actual
Production
2015-16 639.230
2016-17 657.868
2017-18 675.400
2018-19 728.718
2019-20(Provisional) 730.873
2020-21(Provisional) 620.100 *

* 2020-21 Production up to Feb’ 2021

Import of Coal in India during last three years and current years up to December, 2020 is as below

 

Year

 

Total Coal (Quantity in Million Tonne)

 

2017-18

 

208.249

 

2018-19

 

235.348

 

2019-20

 

248.537

2020-21

(Upto Dec 20)

 

156.496

 

An Inter – Ministerial Committee (IMC) has been constituted in the Ministry of Coal for the purpose of coal import substitution. The Representatives from Ministry of Power (MoP), Ministry of Railways, Ministry of Shipping, Ministry of Commerce, Ministry of Steel, Ministry of Micro, Small & Medium Enterprises (MSME), Department for Promotion of Industry & Internal Trade (DPIIT), Central Electricity Authority (CEA), Coal Companies and Ports are members of this IMC. This Committee provides a platform for discussions on a larger forum with the Administrative Ministries so as to guide them to encourage the coal consumers of their respective sector to eliminate imports of coal. Nine meetings of the IMC have been held so far. IMC has also directed for development of an Import Data System by Ministry of Coal to enable the Ministry to track the imports of coal. Coal India Limited (CIL) has also started an online portal to register the requests of coal consumers willing for import substitution of coal.

In addition to it, the following steps have also been taken to reduce coal imports:

  • The Annual Contracted Quantity (ACQ) of the Power Plants have been increased upto 100% of the normative requirement in those cases where the ACQ was earlier reduced to 90% of normative.
  • CIL has signed Memorandum of Understanding (MoU) under Import Substitution for about 12 Million Tonne Per Annum (MTPA) coal with the Power plants linked with CIL. Accordingly, CIL has allocated 9.53 Million Tonne (MT) coal to the power plants till February’ 2021 under Import Substitution.
  • Reserve/floor price across all e-auction schemes was kept to notified price till 2nd quarter (earlier by 10-30% above the notified price) with a view to maximize coal utilization by the consumers.
  • Increase in the dispatch to Non-regulated Sector (NRS) consumers in the current Financial Year (Apr-Feb’21) to 37.8 rakes/day compared to 28.4 rakes/day last year with a growth of 33%. Total dispatch to NRS registered a growth of 12% as compared to same period of last year.
  • Facility of Usance LC (Letter of Credit) payment mechanism in addition to the existing Irrevocable Revolving Letter of Credit (IRLC) payment was introduced to help the consumer avail credit facility from bank.
  • A special Spot auction scheme was started for the coal importers including the traders, so as to enable coal import substitution. CIL has offered about 32.7 MT coal under this window out of which 7.53 MT coal was booked by the consumer/Importers/Traders.

This information was given by Union Minister of Coal Shri Pralhad Joshi in a written reply in Rajya Sabha

 

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

South Eastern Coalfields Ltd Plans to Develop Solar Power Projects of 600 MW

South Eastern Coalfields Ltd (SECL), one of the largest coal-producing subsidiaries of Coal India Ltd, ...

22 Nuclear Power Reactors operational in the country

India’s Nuclear Power capacity witnessed a quantum jump after 2014, when Narendra Modi took over ...

341.91 lakh bales of cotton production reported in 2022-23

The Union Minister of State for Textiles, Smt. DarshanaJardosh in a written reply to a ...

AMRIT BHARAT STATIONS

The Amrit Bharat Station Scheme has recently been launched for development of Railway stations on ...

Spices Board establishes eight crop specific Spices Parks across the country

Spices Board has established eight crop specific Spices Parks across the country, the Minister of ...

Centre takes proactive steps to promote the GI tagged products in the global market

The Government has taken several proactive steps to promote the GI tagged products in the ...

Centre formulates ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors

Centre has formulated ‘Action Plan for Champion Sectors in Services’ to give focused attention to ...

Rs. 477.25 crore approved to 133 incubators under the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS), a flagship scheme under Startup India initiative has ...

Mahanadi Coalfields Ltd introduces VIHANGAM Drone Technology and Latest Safety Equipment

Mahanadi Coalfields Ltd (MCL), the premier CPSE under the Ministry of Coal has introduced drone ...

28 Coal Mines Produce More than 100%

India’s overall coal production increased by 12.94% to 89.96 Million Ton (MT) from 79.65 MT ...

WP2Social Auto Publish Powered By : XYZScripts.com