Business

Domestic Coal-Based Power Generation Increases 8.38% Between April And November

The coal ministry said Saturday that the domestic coal-based power generation climbed 8.38 percent to 779.1 Billion Units (BU) in April-November FY24.

The domestic coal-based power generation was 718.83 BU in the previous year.

In a statement, the coal ministry stated, “India’s power generation increased 7.71 percent in the period under review”.

Overall coal-based power generation increased 11.19 percent year-on-year during the time, owing to an extraordinary spike in temperature, a delayed monsoon in the country’s northern area, and the restoration of full commercial operations post-COVID.

Despite rising power demand, coal imports for blending fell by 44.28 percent in the current fiscal year to 15.16 million tonnes (MT) in November from 27.21 MT in the previous year.

”This shows the nation’s commitment to self-reliance in coal production and minimizing overall coal imports”, the statement reads.

The government is committed to increasing coal output to increase availability and minimize reliance on imported coal, hence protecting foreign reserves.

Also read: RBI Fines TDCC Bank Rs 2 Lakh For Approving A Loan To Its Director

Spriha Rai

Recent Posts

Three killed In Firing As Violence Breaks Out Amid Sambhal Mosque Survey In UP

The victims, Naeem, Bilal, and Noman, died after clashes broke out. Around 20 to 22…

47 mins ago

US SEC Has No jurisdiction To Summon Foreign National; Adani Notice To Go Via ‘Proper Channel’

The SEC must follow diplomatic channels to serve the summons. The summons will go through…

2 hours ago

Hemant Soren To Take Oath As Jharkhand CM For Fourth Time On Nov 28

Soren will become Jharkhand’s first leader to serve four terms as Chief Minister. He previously…

2 hours ago

IPL 2025 Auction: Rishabh Pant Sets Record With Rs 27 Crore Bid By Lucknow Super Giants

The Rs 27 crore bid surpassed Shreyas Iyer's earlier record-breaking Rs 26.75 crore purchase by…

3 hours ago

Pichchha Muslim Samaj Utthan Samiti’s Appeal Secures Backward Muslim Support For NDA In Maharashtra

Alhaji Muhammad Irfan Ahmed, head of the Samiti, congratulated Prime Minister Narendra Modi, BJP President…

4 hours ago

BGT 2024-25: Virat Kohli Hits 30th Test Hundred As India Set A Target Of 534 For Australia

Kohli’s unbeaten 100 off 143 balls, featuring eight fours and two sixes, was his seventh…

5 hours ago