Future production in the state-owned Singareni, captive blocks and commercial mining (if any) will play a role, but the performance of Coal India, which maintains its ambitious targets for coal production, will be critical to meet the government's desire to cut imports.
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But some suggest that increasing domestic Indian coal production will be futile. India is the largest importer of US steam coal, and this is simply because a large portion of its newer coal-fired power plants require higher quality coal with greater energy content than domestically mined coal.
The company contributes to around 82% of the coal production in India. It produced 554.14 million tonnes of raw coal in 2016-17, an increase from its earlier production of 494.24 million tonnes of coal during FY2014–15 and earned a revenue of ₹ 95,435 crore (US$14 billion) from sale of coal in the same financial year.
Increasing coal production from its national coal producer. Coal India Limited (CIL), the national coal producer responsible for more than 80% of India's current production, initially planned to produce 1 billion metric tons of coal by FY2020, almost double its FY2015 production.
The statistic depicts China's coal production from 1998 to 2017. In 2017, the country's coal production amounted to 1747.2 million metric tons oil equivalent. China is one of the world's largest coal consumers, with a large share of its electricity being generated by coal sources.
Furthermore, he said India would also increase its coal imports amid soaring demand from its power generation sector and lower-than-expected domestic production. "India is not in a shortage situation, but it is running very closely behind it, and that's really what has driven coal exports into India, and a good chunk of that is coming from Indonesia," Benjamin told The Jakarta Post recently.
The production of coal was 662.79 million metric tons (730.60 million short tons) in 2016-17, a growth of 4.69% over the previous year. The production of lignite was 45.23 million metric tons (49.86 million short tons) in 2016-17, a growth of 3.17% over the previous fiscal. India is ranked 2nd in world coal production.