Domestic coal-based power generation rises by 8.8% to 686.7 BU in Apr-Oct

The domestic coal-based power generation increased by 8.8 percent to 686.7 billion units (BU) in the April-October period of the current financial year
Domestic coal-based power generation rises by 8.8% to 686.7 BU in Apr-Oct
Domestic coal-based power generation rises by 8.8% to 686.7 BU in Apr-Oct
Published on

New Delhi: The domestic coal-based power generation increased by 8.8 percent to 686.7 billion units (BU) in the April-October period of the current financial year.

The domestic coal-based power generation stood at 630.7 BU in the year-ago period.

Coal-based power generation (both domestic and imported coal) went up by 11.16 percent during the April-October period of the current fiscal year, as compared to the corresponding period of the previous financial year.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

The rise has been on account of an unprecedented rise in temperature, delayed monsoon in the northern region of the country coupled with the resumption of full commercial activities post-Covid, the coal ministry said in a statement.

Despite the escalating power demand, coal import for blending has dropped by 46.57 percent to 13.57 (MT) up to October 2023, from 25.4 MT in the corresponding period of previous year.

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.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com