Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi reviewed coal production performance of commercial and captive mines in a meeting with senior officials of the Ministry of Coalhere today. In a tweet, the Minister said that production from captive and commercial coal mines have been steadily increasing over the years, registering 216 % growth during the last six years. In today’s meeting Shri Joshi deliberated on ways to increase coal production by 39% in this fiscal from commercial and captive mines.The Ministeralso took stock of production from underground coal mines and emphasized on Underground Coal Mine Mission Plan to achieve 100 million tonne coal production.
So far, 86 coal mines have been auctioned under commercial coal mining, with a potential to generate ₹34,188 crore in annual revenue to States.The 7th tranche of commercial coal mines auctions offering a total of 98 mines is in progress.
It is expected that additional six commercially auctioned coal mines are likely to be operationalized in FY 2023-24 with an expected coal production of 12.2 million tonne (MT).
