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Imports of coal for blending fall by approx. 37% between April and January

Imports of coal for blending fall by approx. 37% between April and January
Image Source: Moneycontrol

According to a statement released by the government on Monday, the amount of coal imported for blending purposes decreased by 36.69% to 19.36 million tons (MT) between April and January of the current fiscal year. In the same time of the previous fiscal year, 30.58 MT of coal were imported by the nation for blending.

“Despite the surging power demand, coal import for blending witnessed a significant decrease of 36.69 per cent… This exemplifies the nation’s steadfast commitment to achieving self-reliance in coal production and minimising overall coal imports,” in a statement, the ministry of coal added. According to the statement, the nation’s electricity generation increased 6.6% between April and January of this year compared to the same period last year.

Almost 70% of the power generated comes from coal, which continues to be the principal source.

The production of electricity using coal has been crucial in supplying the growing need for energy. The nation’s electricity needs are currently significantly increasing due to a number of factors, including industrial growth, technical improvements, and economic development. Pralhad Joshi, the minister of coal and mines, had previously stated that the government would implore foreign power plants that rely on imported coal to modify their technology and layout so that they can run on indigenous coal.

Sneha Sengupta

Entertainment and Lifestyle news writer at MangoBunch.in