City
Epaper

Coal import by power plants declines 40.66% in April-Dec as local production rises

By IANS | Updated: January 22, 2024 17:55 IST

New Delhi, Jan 22 The country’s power generation based on domestic coal increased by 7.14 per cent to ...

Open in App

New Delhi, Jan 22 The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal.

This reflects a robust increase in domestic production of coal to meet the growing energy demand in the country, the Ministry of Coal said in a statement on Monday.

Coal import by power plants for blending decreased substantially by 40.66 per cent to 17.08 million tonnes (MT) during April-December, from 28.78 MT in the corresponding period of the previous year, despite the escalating power demand. It showcases the nation’s commitment to self-reliance in coal production and minimising overall coal imports, the statement said.

In India, power is generated from conventional (thermal, nuclear and hydro) and renewable sources (wind, solar, biomass etc.).

However, coal is the major source of power generation, accounting for more than 70 per cent of the total electricity generated.

Coal-based power generation in the country witnessed a growth of around 10.13 per cent during April-December of the current financial year compared to the corresponding period of the previous year, while overall power generation grew 6.71 per cent during the same period, according to the official statement.

Coal-based power generation in India has played a significant role in meeting the country's energy demands. India is currently experiencing a substantial increase in power demand, driven by a combination of factors like industrial growth, technological advancements, population growth, economic development etc.

The government persists in its efforts to further enhance coal production, aiming to increase availability and reduce dependence on imported coal, thereby safeguarding foreign reserves, the statement added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPM Modi arrives in South Africa's Johannesburg for G20 Leaders' Summit

BusinessNB Excellence Awards 2025 Set to Celebrate Brilliance Across Lifestyle, Hospitality, and Innovation

CricketIND vs SA: South Africa Announce ODI and T20I Squads for India Series

InternationalIndia reopens tourist visa for Chinese citizens after 5-year freeze

NationalDelhi HC quashes case against Gautam Gambhir, family over alleged hoarding of COVID drugs

Business Realted Stories

BusinessRK HIV AIDS Research and Care Center and SBI Foundation distribute nutrition kits to TB patients in Ranchi

BusinessPrime Minister’s Vision for a Self-Reliant India Finds Momentum in Scanbo’s Made-in-India MedTech Innovation

BusinessBig push for Northeast connectivity: IWAI signs Rs 3,000 crore agreements for waterway and logistics expansion

BusinessThe LaLiT Loyalty Program Fostering Guest Satisfaction Along with Social Impact

BusinessFrom Classroom Concepts to Real-World Ventures at CS Academy