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23-01-2024 01:44 PM | Source: Accord Fintech
Coal based power generation grows 10.13% in April-December 2023

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Ministry of Coal in its latest report has showed that the coal-based power generation in the country grew around 10.13% during April-December 2023, as compared to corresponding period of previous year while overall power generation grew 6.71% during the same period.

The report further noted that the Domestic coal-based power generation during April-December 2023 reached 872 billion units (BU), reflecting an increase of 7.14% from the 813.9 billion units generated in the corresponding period of last year. This reflects an ample coal supply to meet the growing energy demand in the country.

As per the report, coal import for blending has decreased substantially by 40.66% to 17.08 MT during April -December 2023 from 28.78 MT in the corresponding period of previous year, despite the escalating power demand. It showcases the nation’s commitment to self-reliance in coal production and minimizing overall coal imports.