SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 28 Feb, 2024  

Coal.9.Thmb.jpg India's coal imports for power plants fall by 37% as self-reliance grows

Coal.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 27 Feb, 2024
India’s coal-based power generation grew by a double-digit -- 10.06 per cent -- from April 2023 to January 2024 compared to the same period of the previous year, while coal imports for blending witnessed a significant decrease of 36.69 per cent during this period, reflecting the increasing degree of self reliance, according to data released by the Coal Ministry on Monday.

Coal imports for blending declined to 19.36 MT during April 2023-January 2024 from 30.58 MT in the corresponding period of the previous year. This exemplifies the nation's steadfast commitment to achieve self-reliance in coal production and minimise overall coal imports, the ministry said.

Indian power plants import coal of higher calorific value and blend it with domestic coal to improve the overall quality of their fuel to generate electricity in a more optimal manner.

In India, power generation is diversified across conventional (thermal, nuclear and hydro) and renewable sources (wind, solar, biomass, etc.). However, coal remains the predominant source, contributing over 70 per cent to the total power generation.

Coal-based power generation in the country has been pivotal in meeting the nation's burgeoning energy demands. Currently, India is witnessing a substantial surge in power requirements, propelled by industrial expansion, technological advancements and economic development.

The government is persisting in its relentless efforts to further augment coal production with the aim of enhancing availability and reducing dependence on imported coal. This strategic approach serves to safeguard foreign reserves while bolstering the nation's energy security, the Coal Ministry said.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter