Coal production is expected to touch the record figure of 880 million tonne this fiscal and   off take is likely to touch 900 million tonne.

The minister said that the coal sector is fully geared to meet the growing demand.

Defence Minister Rajnath Singh urged the coal sector of the country to further ensure energy security of India to meet the requirements of our fast growing economy.

Addressing a function organized by the Ministry of Coal here today as chief guest, for the launch of 7th round of commercial coal mines auction and signing of agreements with successful bidders of the 6th round of auctions, Rajnath Singh complimented Coal Ministry’s successful efforts in ensuring totally transparent online auction of coal blocks in the country. He pointed out that the reforms initiated by the present Government has made India a sought after investment destination globally.

Presiding over the function Coal, Mines & Parliamentary Affairs Minister Shri Pralhad Joshi stated that with 14 % increase, coal production is expected to touch the record figure of 880 million tonne this fiscal and   off take is likely to touch 900 million tonne. Touching upon varied reforms initiated by the Coal ministry, Shri Joshi disclosed that coal production exclusively from captive /commercial mines has crossed 100 million tonne for the first time. The minister said that the coal sector is fully geared to meet the growing demand. All efforts are on to further enhance production and export of thermal coal by the year 2025-2026, he added. Calling upon the private sector to participate more actively in coal mines auctions, Joshi highlighted the incentives given by the ministry for early production of coal.