India: 20 coal mines likely to become operational in CY’24

20 coal mines are poised for operation by year-end, expected to bolster coal output by 100 mnt in 3-4 years. India’s coal production hit 1 bnt in 2023-24. Targeting coal import elimination by 2025-26, FY24 witnessed 22.20 mnt coal imports, down from 30.80 mnt in 2022-23. Total coal output in FY’23 stood at 937 mnt.