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According to Union Minister of Coal and Mines Pralhad Joshi, the country has produced one billion tonnes (BT) of coal and lignite for the first time in the fiscal year 2023–2024. According to government data, India produced 937 million tonnes (MT) of coal and lignite in total during the previous fiscal year, 2022–2023.
"Proud to share that under the leadership of PM Narendra Modi, we have registered a stellar achievement by crossing 1 BT coal and lignite production," Joshi said.
It is a historic moment for India as the country has achieved the highest-ever production, and it will go a long way in ensuring energy security to the nation. The continuous efforts to increase domestic coal production has ensured that going forward the country will never have to face coal shortage, the minister said.
Joshi further said, "I thank the officials of the sector, all the coal warriors and private miners for their grit and hard work in helping achieve mission-1BT. Owing to your support we have registered 70% growth in production over the last 10 years."
The country is not very far from its next target to eliminate coal imports by 2025-26, he said. The share of imported coal for blending purposes has gone down this fiscal compared to last financial year.
In FY24, coal import for blending was around 22.20 MT, while it was at 30.80 MT in the financial year 2022-23. Savings to the tune of ₹82,264 crore had been made through the reduction of coal imports in just one year, Joshi said.
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