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From April to January 2024, India saw a significant 6.60% increase in power generation compared to the same period last year. One remarkable highlight was the impressive 10.06% growth in coal-based power generation.
Despite the rising demand for power, coal imports for blending decreased significantly by 36.69% to 19.36 Mn metric tonnes (MT) from 30.58 MT during Apr’23-Jan’24. This underscores India's strong commitment to achieving self-sufficiency in coal production and reducing coal imports.
India's power generation comes from a mix of conventional (Thermal, Nuclear, and Hydro) and renewable sources (Wind, Solar, Biomass, etc.). However, coal remains the main source, contributing over 70% to the total power generation.
Coal-based power generation plays a crucial role in meeting India's growing energy needs. The country is experiencing a substantial increase in power demand driven by industrial growth, technological advancements, and economic development.
The government is actively working to boost coal production further, aiming to improve availability and reduce reliance on imported coal. This strategy not only helps conserve foreign reserves but also strengthens India's energy security.
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