Coal Ministry working on ensuring adequate reserves at power plants
With indications that the country’s peak power demand is expected to grow in the range of 8-10 per cent y-o-y, the Coal Ministry has set a target of producing 1,017 million tonnes (MT) of coal in the next financial year, beginning April 2023.Sources said that the Coal Ministry is coordinating with the Ministries of Power […]
Cold wave, economic activity to lift January-March power demand
Power demand is expected to grow by 6-7 per cent y-o-y in the January-March quarter this fiscal aided by an intense cold wave in North and North-East India as well as rising industrial and manufacturing activity.“Demand has sustained into January 2023, with the first eight days posting an y-o-y increase of 14 per cent, Crisil […]