India’s federal Coal Ministry aims to promote the use of energy security and reduce dependence on imported coal. He recommended changes in the design of coal based power plants. According to the ministry, India’s dependence on imported coal is expected to decrease below 15% by the fiscal year 2024-25.
This move aims to reduce dependence on volatile international coal prices and promote the utilization of domestic resources. On the other hand, the Ministry of Power has extended the directive for domestic coal-based power plants to include 6% imported coal in their fuel mix until June due to preparations for peak summer demand and potential challenges.
The Ministry said, “Peak power demand this fiscal is expected to hit a new record of 260 GW.”
