Construction Industry News
India's coal bed methane (CBM) production for the 12 operational blocks is currently expected to reach 759 million standard cubic meters (MSCM) in FY23 and will further increase to 1,072 MSCM in FY24, the Parliament was informed.
Coal Minister Pralhad Joshi, in response to a question starred in Rajya Sabha, said that 12 CBM blocks are currently operating, of which 5 are in production phase, 3 are in development phase and 4 blocks (awarded during SCBM-21) are under exploration phase .
According to the data provided by the minister in the upper house, the country's CBM production is expected to reach 759 MSCM in FY23 which is estimated to grow to 1,072 MSCM in FY24 and 1,508 MSCM in FY25.
The total predicted CBM resource of the active CBM blocks (12) is about 480 billion cubic meters (BCM), of which 5.4 BCM CBM has been produced till October 2022. Joshi informed Rajya Sabha that the Government of India is now developing a dedicated CBM bid has launched Round-2022 (SCBM-22) with the offering of 16 CBM blocks covering approximately 5,800 square miles in 7 states.
BCCL is a subsidiary of Coal India (CIL).
