Coal India Limited (CIL) has produced a record 703.91 million tonnes (MT) of coal during the current financial year till March 7, 2024, surpassing the previous financial year's production of 703.20 MT by an impressive margin of 24 days. . Additionally, CIL has maintained adequate coal stock of 72.70 MT till 7 March 2024.
To increase domestic coal production, the Coal Ministry has implemented several initiatives. Acceleration of coal production by adopting Mine Developer and Operator (MDO) model, mechanization and modernization of CIL mines both underground (UG) and open surface (OC), starting new projects, expansion of existing projects etc. Has come. Furthermore, using advanced production technologies on a large scale and digitalization of operations including introduction of ERP has played a significant role in enhancing mine efficiency and productivity.
Moreover, the Ministry of Coal has played an important role in facilitating the development of the coal sector by formulating policies and providing necessary support to the coal mining companies. Policy reforms aimed at promoting sustainable mining practices, ensuring environmental compliance and attracting investment in the coal sector have contributed to the overall growth and success of Coal India Limited.
This achievement not only reflects the operational excellence of Coal India Limited, but also reaffirms the commitment of the Government to ensure energy security and meet the growing demand for coal in the country.
