India Sees Growth in Power Generation, Reduces Coal Imports
India experienced a significant 6.60% growth in power generation from April to January 2024 compared to the previous year, with coal-based power generation notably increasing by 10.06%. Despite surging power demand, coal import for blending decreased by 36.69%, showcasing India's commitment to self-reliance in coal production. Coal remains the predominant source of power generation, contributing over 70% to the total, and efforts to augment coal production aim to enhance availability and reduce dependence on imported coal, thereby safeguarding foreign reserves and bolstering energy security.