As per an official announcement, in September 2023, the National Coal Index (NCI) has climbed by 3.83 points to 143.91 points, reflecting the shift in coal prices. As per the Ministry of Coal’s statement, this increase can be attributed to a brief surge in coal prices on international markets. “For the first time since April…
According to the coal ministry, more than one billion tons of coal would probably be shipped in the current fiscal year. This was announced on Thursday. During the current fiscal year, the coal ministry aims to produce and deliver 1,012 million tonnes (MT) of coal to customers. The rate of production and dispatch is often…
State-owned Coal India increased its supply of coal to the power sector by 3.4 percent to 294.8 million tonnes in the first six months of the current fiscal, despite record high demand for electricity in the previous two months, the Maharatna business said on Monday. Coal India Ltd (CIL) said in a statement that the…
The Ministry of Coal released a statement stating that overall coal production in India increased by 8.4% in the first quarter of FY 2023–24 to 222.93 million tonne (MT) as opposed to 205.65 MT in the first quarter of FY 2022–23. In comparison to 159.63 MT produced during the same period last year, Coal India…
At 76.26 million tonnes (MT) in May, domestic coal production increased year over year by 7.10%. India produced 71.21 MT of coal in the same month in 2022, according to a statement from the coal ministry. “Ministry of Coal has accomplished a remarkable feat with a significant surge in overall coal production during May 23,…
In April 2023, India’s coal output increased by 8.85% to 73.14 million tonnes (MT), and the total amount of coal shipped during the month increased by 11.66% to 80.35 MT compared to the same period last year. According to the coal ministry, there were 71.96 MT of coal available in April 2022, while production was…
Following a technical examination of the bids filed for commercial coal mining, the coal ministry held forward electronic auctions for 10 coal mines. The online auction for eight coal mines was held on September 13 and the sale for the final two coal mines was held on September 18. The overall peak rate capacity of…
