Home » COAL » CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) of coal up to 7th March 2024 during the current fiscal, surpassing last financial year’s production of 703.20 MT by an impressive margin of 24 days. Additionally, CIL maintains an ample coal stock of 72.70 MT as of 7th March 2024.

To enhance domestic coal production, the Ministry of Coal has implemented several key initiatives. Adoption of the Mine Developer and Operator (MDO) model, mechanization and modernization of CIL mines, both Underground (UG) & Opencast (OC), undertaking new projects, expanding existing projects, have bolstered coal production. Moreover, the induction of enhanced Mass Production Technologies and the digitization of operations, including the introduction of ERP, have played pivotal role in enhancing mine efficiency and productivity.

Furthermore, the Ministry of Coal has played an important role in facilitating the growth of the coal sector by formulating policies and providing necessary support to coal mining companies. Policy reforms aimed at promoting sustainable mining practices, ensuring environmental compliance, and attracting investments in the coal sector have contributed to the overall growth and success of Coal India Limited.

The achievement of this milestone not only reflects the operational excellence of Coal India Limited but also reaffirms the government’s commitment to ensuring energy security and meeting the growing demand for coal in the country.

 

About IIPnews

Leave a Reply

Your email address will not be published.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

*

x

Check Also

World Food India 2025 MoUs signed worth of ₹1 lakh crore on Day 1 and 2 of the summit

On the day two of World Food India 2025, we witnessed significant strides toward positioning ...

In a very big step towards self-reliance, BSNL has developed a completely indigenous 4G technology placing India among the top five countries in the world with fully indigenous technology to launch 4G services: PM

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of development works worth ...

Road Show Showcases Angul Aluminium Park as Odisha’s Strategic Aluminium Hub and Investor Friendly Destination

National Aluminium Company Limited (NALCO), the NavratnaCPSE under the Ministry of Mines,        ...

GST reform in Coal Sector – A Transformative Step Towards AatmNirbharta in Coal

The Ministry of Coal has welcomed the landmark decisions taken at the 56th meeting of ...

MOIL starts export of Manganese ore as State Trading Enterprise

MOIL marked a significant milestone in manganese ore exports from India with the dispatch of ...

India’s Coal Sector has Crossed the One Billion Tonne Milestone in Cumulative Production for the Financial Year 2024-25

In a remarkable achievement, India’s coal sector has crossed the One Billion Tonne (BT) milestone ...

Reduction in Coal Import in India

India, despite possessing the fifth-largest coal reserves globally, faces a significant shortfall in certain coal ...

Government has provided special packages on DAP over and above the NBS subsidy rates on need basis in order to ensure smooth availability of DAP

Government has implemented Nutrient Based Subsidy Policy w.e.f. 1.4.2010 for Phosphatic and Potassic (P&K) Fertilizers. ...

Ministry of Coal to Host Star Rating Awards Ceremony, Stakeholder Consultation on MDOs, and Release of Coal Directory on October 21, 2024

Ministry of Coal is organizing the Star Rating Awards Ceremony, Stakeholder Consultation on Mining Developers ...

44 Bids Received under 10th Round of Commercial Coal Mine Auctions

The Ministry of Coal has received an overwhelming response for the coal mines offered under ...