HomeNewsBusinessImported coal for blending in power sector drops 28% in FY24

Imported coal for blending in power sector drops 28% in FY24

Pralhad Joshi, Union minister for coal, said that coal ministry will increase its production and the railways ministry is likely to increase the number of rakes provided to the power sector by about 7% to meet the surge in power demand

March 14, 2024 / 07:33 IST
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imported coal
imported coal

Despite the surge in India's power demand, the import of coal for blending in the thermal power sector decreased by 27.9 percent in FY24 so far, Amrit Lal Meena, secretary, Ministry of Coal said on March 13.

"The share of imported coal in blending has reduced from 30.80 million tonnes (MT) last year (April, 2022 to March 12, 2023) to 22.20 MT this year until now. So, the reduction has been more than 27 percent," said Meena.

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Pralhad Joshi, Union minister for coal, mines and parliamentary affairs, said, "That is why, despite the current mandate of blending imposed by the Ministry of Power, the Coal Ministry has been repeatedly reiterating that by FY26 imported coal in the domestic coal-based power sector will end. We are confident that our domestic coal production will be able to meet the needs of India's power sector, minus the imported coal-based power plants obviously."

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