As power shortage looms large, govt plans to open 12 new mines this year

In a bid to meet the coal demand, the coal ministry on Thursday said at least 12 more new mines will start production during the year.

Published: 08th July 2022 07:36 AM  |   Last Updated: 08th July 2022 07:36 AM   |  A+A-

Image used for representational purpose only. (Photo | Prasant Madugula)

Image used for representational purpose only. (Photo | Prasant Madugula)

By Express News Service

NEW DELHI: In a bid to meet the coal demand, the coal ministry on Thursday said at least 12 more new mines will start production during the year. Currently, a total of 36 captive and commercial mines are under production. The ministry expects all these mines will significantly contribute to meet the coal demand in the country. 

“Coal production achieved during the first quarter is 27.7 million tonnes, which is 79 % higher than 15.5 million tonnes produced during the same period in FY 2021-22,” said the coal ministry in a statement.
 As the coal shortage continues to haunt, the senior official of the coal ministry reviewed the production from coal blocks during the first quarter of FY 2022-23 on July 6 in the presence of project proponents.

Ministry officials appreciated the efforts of coal blocks allottees in achieving such high growth and are hopeful that the target production of 32 million tonnes from coal blocks during the second quarter of FY 2022-23 will be achieved. 

“It was also noted with appreciation that two mines auctioned in 2021 under commercial auction reforms have become operational and produced 1.57 million tonne in the first quarter,” said the coal ministry in a statement. 

According to the official data, coal-based power generation increased by 26.58% to 95,880 million units in June. Coal-based power generation stood at 75,747 million units (MU) in the corresponding month of the previous fiscal. 

’The overall power generation in June 2022 has been 17.73% higher than the power generated in June 2021.’’ However, on a sequential basis, coal-based power generation dropped by 2.77% in June compared to 98,609 MU in May this fiscal. Total power generation also dipped by 0.76% to 1,38,995 MU in June from 1,40,059 MU in May.

Coal  production
Currently, a total of 36 captive and commercial mines are under production. The ministry expects all these mines will significantly contribute to meet the coal demand



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp