HomeSteel & CommoditiesCoal Production crosses record 1 billion mark

Coal Production crosses record 1 billion mark

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India achieved a momentous milestone in coal production, surpassing one billion tonnes (BT) on March 20, 2025, in the fiscal year 2024-25.

This remarkable achievement came in 11 days ahead of last fiscal year’s coal production of 997.83 million tonnes (MT), underscoring India’s significant progress in ensuring its energy demands and driving industrial, agricultural, and overall economic growth.

The coal sector’s success is attributed to the tireless efforts of Coal Public Sector Undertakings (PSUs), private players, and the dedicated workforce of around 5 lakh mine workers across more than 350 coal mines.

These coal miners, who have defied numerous challenges with unmatched dedication, have played a pivotal role in achieving this historic milestone.

India relies on coal for approximately 55% of its energy mix, and around 74% of the country’s electricity is generated by coal-based power plants. This underscores the critical importance of coal in powering India’s economy and sustaining energy security.

Government’s strategic reforms and policies, such as amendments to the Mines and Minerals (Development and Regulation) Act and the opening of the coal sector to private players through the commercial auctioning of coal blocks.

From April to December 2024, India’s coal imports declined by 8.4%, resulting in forex savings of around $5.43 billion (Rs 42,315.7 crore) as compared to the same period of last year.

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