Domestic production increased, coal import decreased by 40% in April-December. india business news
New Delhi: Despite 10% growth in thermal generation due to sharp increase in domestic coal production and supplies, imports for blending at power plants to decline by more than 40% in the April-December 2023 period compared to the previous corresponding period. I.
Latest government data shows coal imports for blending declined to 17 million tonnes (MT) during April-December 2023 from 28.7 MT in the previous corresponding period, even as thermal power generation doubled. Even after the points increase, that was more than a 7% increase. in the overall generation in the country.
This indicates that despite large-scale expansion of renewable energy capacity, the country will still be able to meet coal demand for power generation from domestic sources while increasing dependence on dry fuel.
The data showed domestic coal-based production increased to 872 billion units (BU), an increase of 7% from 813.9 BU in the previous corresponding period. Seen against the backdrop of declining coal imports amid rising production, higher production would not have been possible without a sharp increase in domestic production.
Coal Minister excited by increasing domestic production Prahlad Joshi told last month times of India India will stop importing thermal coal in the next financial year (April 2024-March 31, 2025) as domestic production crosses one billion tonnes and will grow further to meet future demand.
Energy Minister RK Singh It said in November that India would need to add an additional 30 gigawatts (GW) of coal-fired generation capacity, in addition to the 50 GW already underway, to be able to meet future power demand, which had expanded by 8% in the first half. Has registered a growth of. financial year. Central Electricity Authority Peak power demand is estimated at 256 GW in 2024-25.
Latest government data shows coal imports for blending declined to 17 million tonnes (MT) during April-December 2023 from 28.7 MT in the previous corresponding period, even as thermal power generation doubled. Even after the points increase, that was more than a 7% increase. in the overall generation in the country.
This indicates that despite large-scale expansion of renewable energy capacity, the country will still be able to meet coal demand for power generation from domestic sources while increasing dependence on dry fuel.
The data showed domestic coal-based production increased to 872 billion units (BU), an increase of 7% from 813.9 BU in the previous corresponding period. Seen against the backdrop of declining coal imports amid rising production, higher production would not have been possible without a sharp increase in domestic production.
Coal Minister excited by increasing domestic production Prahlad Joshi told last month times of India India will stop importing thermal coal in the next financial year (April 2024-March 31, 2025) as domestic production crosses one billion tonnes and will grow further to meet future demand.
Energy Minister RK Singh It said in November that India would need to add an additional 30 gigawatts (GW) of coal-fired generation capacity, in addition to the 50 GW already underway, to be able to meet future power demand, which had expanded by 8% in the first half. Has registered a growth of. financial year. Central Electricity Authority Peak power demand is estimated at 256 GW in 2024-25.
