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September 25, 2024 6:24 PM

India’s coal imports rise amid surge in power generation

India, which holds the fifth-largest coal reserves globally, ranks as the second-largest coal consumer, fueled by a rapidly expanding economy. However, the current consumption scenario highlights a pressing need for imports, especially for coking coal and high-grade thermal coal, which are insufficiently available from domestic reserves. This gap necessitates imports to support essential industries, particularly steel manufacturing. During the April-July period of FY 2024-25, coal imports saw a...

June 6, 2024 1:48 PM

Scorching heat drives India’s gas-fired power use to multi-year highs in May

Sweltering heat and policy measures are fuelling a surge in the use of gas-fired power in India, with imports of liquefied natural gas (LNG) forecast to rise sharply over the next two years, industry officials and experts say. The country's gas-fired power generation doubled in April and May to 8.9 billion kilowatt-hours (kWh) compared with the same period last year, data from Grid India showed, eating into the share of coal-fuelled electricity for the first time since the COVID-19 pandemic. M...

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