DelhiDesk The Indian government’s proactive measures and abundant April rainfall have ensured sufficient coal availability to accommodate the expected surge in power demand this summer, according to a report by Crisil Ratings. Coal production increased 12% YoY to a record 107.8 million tonne in March 2023 and 8.63% YoY in April 2023. As a result, coal stocks at thermal power plants had improved significantly this year. Despite a decline in hydro generation, nuclear and solar generation expanded and now account for 9% of total generation, a higher share than last summer.

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๐Ÿ‘‰ The Indian government’s proactive measures and abundant April rainfall have ensured sufficient coal availability for expected surge in power demand this summer
๐Ÿ‘‰ Coal production increased 12% YoY to a record 107.8 million tonne in March 2023 and 8.63% YoY in April 2023
๐Ÿ‘‰ Coal stocks at thermal power plants significantly improved compared to last year
๐Ÿ‘‰ Overall coal dispatches to end-users grew 11.6% YoY to 80.35 million tons in April 2023
๐Ÿ‘‰ Domestic supply and mandate to blend 6% of the requirement with imported coal in the first half of fiscal 2024 has created adequate buffers at thermal power plants
๐Ÿ‘‰ Nuclear and solar generation expanded by 11% and 15%, respectively
๐Ÿ‘‰ These sources now account for 9% of total generation, a higher share than last summer

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