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

InternationalIranian President Pezeshkian vows to "negotiate bravely" in Pakistan, prioritises national interests

FootballISL: Feuillassier strike completes Kerala Blasters' comeback against 10-man Bengaluru

NationalUttarakhand CM Dhami attends student union function at DAV PG College in Dehradun

NationalDeath toll in Mathura boat tragedy rises to 11

NationalHigh-stakes tribal council polls to be held tomorrow amid tight security in Tripura

Business Realted Stories

BusinessDelhi BJP chief Virendra Sachdeva welcomes draft EV policy

BusinessIndia turns crisis into opportunity by augmenting strategic petroleum reserve capacities, diversifying imports

BusinessAIDA urges Centre to roll out ethanol-based cooking nationwide to cut reliance on imported LPG

BusinessGovt raises diesel duties, hikes ATF levy with immediate effect

BusinessManohar Lal visits Bhutan's heritage sites, discusses infra cooperation