India's coal import for blending drops 36.69% despite 10.06% surge in power generation

Despite a surge of 10.06 percent in coal-based power generation during April-January 2024, coal import for blending witnessed a significant decrease of 36.69 percent
India's coal import for blending drops 36.69% despite 10.06% surge in power generation
India's coal import for blending drops 36.69% despite 10.06% surge in power generationPSU WATCH

New Delhi: Despite a surge of 10.06 percent in coal-based power generation during April-January 2024, coal import for blending witnessed a significant decrease of 36.69 percent to 19.36 MT during the period from 30.58 MT in the corresponding period of the previous year, said the Ministry of Coal on Monday. “This exemplifies the nation’s steadfast commitment to achieving self-reliance in coal production and minimising overall coal imports,” said the ministry.

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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 percent to the total power generation.

Coal-based power generation in India 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 etc. Peak power demand is projected to touch 256 GW in FY2024-25.

India's coal import for blending drops 36.69% despite 10.06% surge in power generation
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“The government persists 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,” said the Coal Ministry.

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