Key Points
NEW DELHI: A sharp rise in domestic coal production and supply brought down imports for blending at power plants by more than 40% in the April-Dec period of 2023 from the previous corresponding period in spite of a 10% increase in thermal generation...
Latest government data show coal import for blending declining to 17 million tonne (MT) during April-Dec 2023, from 28.7 MT in the previous corresponding period even after the double-digit increase in thermal power output, which was higher than the 7% growth in overall generation in the country...
This indicates the country will be able to meet coal demand for power generation from domestic sources even after dependence on the dry fuel rising in spite of the massive rollout of renewable energy capacity...
Buoyed by rising domestic production, coal minister. last month told TOI India will stop importing thermal coal import in the next financial year (April 2024-March 31, 2025) as domestic production will top a billion tonne and will rise further to meet future demand...
You might be interested in
Thermal coal import down 40% in April-December on higher domestic output
23, Jan, 24India Business News: Coal import for blending at power plants declined by over 40% in April-December 2023 despite a 10% increase in thermal generation. Domestic coal-based
NTPC board meeting on 28 October to consider dividend, Q2 results
19, Oct, 23NTPC Ltd is India's largest integrated power utility, contributing 25 per cent of the power requirement of the country
India to be main engine of global coal demand growth: IEA
15, Dec, 23India Business News: India will drive global coal demand growth through 2026, despite calls to phase out fossil fuels. The International Energy Agency (IEA) projects India