Coal Expansion Key Amid Escalating Power Demand
In a bid to meet the escalating electricity consumption and ensure energy security, India plans to expand its coal-based capacity. The country witnessed a record peak power demand of 243.27 GW in September 2023.
Ambitious Projection: 91 GW Coal-Fired Thermal Power
Union Power Ministry projects a substantial addition of 91 GW in coal-fired thermal power generation capacity in the coming years, involving an investment of Rs 7.28 lakh crore.
24×7 Electricity Supply by 2024: Minister RK Singh’s Commitment
Union Power and New and Renewable Energy Minister RK Singh emphasized the right to 24×7 power supply, considering it a consumer’s right. He highlighted the need for energy security, especially in the face of increased geopolitical uncertainty globally.
Balancing Renewables and Coal: India’s Strategy
Singh stressed the importance of coal-based thermal power to protect against geopolitical disruptions, acknowledging the necessity to balance renewable and coal power generation. Currently, average power supply in India stands at 23.50 hours in urban regions and 22 hours in rural areas.
Source：businessworld.in
