30 closed coal mines will be revived: 60 crore tonnes more will be available


- Occasional

- Special railway lines are also going to be laid for transportation of coal

- Rapid rise in electricity demand in the country leads to coal shortage among power generation companies: Record rise in imports

In the country and in the world market, various sources of energy in the market and in the industrial sector have recently seen a change in the equations. Crude oil prices have rebounded sharply after a global surge, with the impact on other energy commodities, particularly coal, recently seen in the form of lopsided volatility. Meanwhile, various efforts are being made to increase coal production in the country to reduce coal imports in India. According to the sources of the coal ministry of the government, the production of coal in the country is likely to double by 2030. Sources were saying that coal production in the country is increasing at the rate of 7 to 8 percent annually. In the country, Orissa, Chhattisgarh, Jharkhand and Madhya Pradesh have recently witnessed an increase in coal production. The government has started serious efforts to strengthen such facilities of railways and waterways to deliver coal coming out of coal mines to consuming industries quickly and on time. It is important to ensure that the coal from the coal mines reaches the consuming centers on time and at low cost. A high-level committee has recently been formed to discuss how coal can be transported easily and at low cost and devise guidelines. Various representatives from the Ministry of Railways, Ministry of Power, Ministry of Ports and Shipping, Department of Waterways have been included in this committee. A strategy is to be formulated by this committee to increase efficiency in coal handling in India. At present, about 55 percent of the total transportation of coal in the country is done through railways. Government sources have set a target to increase the percentage of traffic through such railways to 70 to 75 percent. Special attention is also being given to waterways for flexibility in coal transportation and due to this, cost savings of Rs 700 to 1300 per tonne can be achieved especially for coal consuming industries in South India which are booming, said the experts in this sector.

Special railway lines are also going to be laid for transportation of coal. Many coal mines in the country have been shut down due to various reasons and efforts have also been started to revive such mines. About 30 such mines have been shortlisted, in which the informants were showing estimates of about 600 million tons of coal. Meanwhile, there has been a significant increase in demand for electricity in the month of August due to changing weather conditions in the country and there has also been a shortage of coal supply in thermal plants rather than electricity generation, coal market sources said.

Coal is mainly used in the country for electricity generation. In the month of August, there was a sharp increase in the demand for electricity in the country due to the increase in humidity and cold weather. Especially in North, Central and South India, a significant increase in demand for electricity was seen recently.

Domestic coal-based power plants (DCBs) recorded an increase in coal demand of 45 to 46 million tonnes during the period from August 1 to August 21. Although the shortage of coal in such plants was also seen in April, May, June and July but such shortage was more in August. Such power producers meet the shortage of indigenous coal through imported coal. In the first quarter of the current financial year 2023-24, the total import of coal in the country by various companies in the power generation sector was around 14.21 million tonnes. In the period of April to December 2022, there was an increase of approximately 25 to 26 percent in coal imports and the percentage of non-coking coal imports in the coal imports during this period was recorded to be approximately 65 to 66 percent. Such non-coking coal is mainly consumed in electricity generation in the country. Generally, coal handling becomes difficult on rainy days and it is necessary to carry out maximum of such handling before the onset of rains.

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