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The mining activities in these coalfields started in 1894 and had really intensified in 1925. The first Indians to arrive and break monopoly of British in Coal mining were Gujarati railway contractors from Kutch [5] some of whom decided to plunge into the coal mining business and were thus the pioneers in starting coal mining in Jharia coalfields belt around 1890–95. [6]
Coal in India has been mined since 1774, and India is the second largest producer and consumer of coal after China, mining 997 million metric tons (1,099 million short tons) in FY 2023-24. Around 20% of coal is imported.
Singareni Collieries has established a thermal power plant of 1,200 MW (2 X 600 MW) in the town of Jaipur in the Srirampur region in Mancherial district. There is a proposal to establish one more 800 MW unit at the Jaipur power plant. SCCL has planned for a 300 MW Solar Power Plant for its captive use in its coal mining areas.
Discovered in 1951, Jaduguda Mine has the distinction of being the first uranium mine of the country. The mine is accessed through two 5-metre (16 ft) diameter vertical shafts of depth of 640 m (2,100 ft), attaining a total depth of 905 m (2,969 ft). Narwapahar Mine: Jharkhand: Jadugora, East Singhbhum: Uranium Corporation of India
The major coal producing countries, though, such as China, Indonesia, India and Australia, have not reached peak production, with production increases replacing falls in Europe and the United States [1] and proposed mines under development. [2] The coal mining industry employs almost 2.7 million workers. [3]
The management of non-coking coal mines was taken over on 31 January 1973 and these were nationalised on 1 May 1973. Coal India Limited, a holding company, was formed in 1975, encompassing the entire coal industry. [6] In 2016–17, CIL produced 554.14 million tonnes of coal. It is the single-largest coal producer in the world.
On 23 December 1920 coal mining operations transferred to the new company and renamed as Singareni Collieries Company Limited and the day is celebrated as Singareni day in the company every year. In 1945 Nizam of Hyderabad took over, thus singareni became first government managed company.
Coal India reported a rise of almost 46% in its net profit for the quarter ended March 31, 2022 in consolidated terms. India's biggest coal miner had posted a consolidated net profit of ₹4,586.78 crore in the year-ago period. The company registered sales worth ₹30,046.25 crore during the quarter under review compared with ₹24,510.80 crore.