The import of coal in India is 58 %, at a cost of 124 %: Report

Although local charcoal production and the payment of national renewable energy (Re), the burden of importing coal in India increases steadily. The amount of thermal coal imported by India increased by 58 % and the money spent 124 % increased between 2013 and 2023, due to volatile coal prices and a decrease in the value of rupees, according to an analysis of research risk prospects.

The analysis confirms the urgent need to reduce dependence on imported charcoal by accelerating the publication of a re -deployment. The increase in imports is noticeable during the summer when the demand for electricity increases due to cooling needs.

From April to June 2024, India imported 2.65 million tons of additional thermal coal per month compared to the non -classified months. He said that the country requires about 33 GB of new energy.

The spread of this additional capacity would provide India about 7,025 rupees every year on thermal meat imports during the summer.

“The recent unrest in international trade confirms the risks associated with the import of such a large percentage of our charcoal energy. Energy security in India requires the country’s weanfall from imported thermal coal, and the most cost -effective way is by enhancing our spread.”

The coordinated effort to meet the RIDs by 2030 (by adding 50 GB per year) can reduce coal imports to nearly zero, with great savings in Forex and an increase in energy security. CRH is estimated that by installing 50 GW per year, India can completely get rid of thermal coal imports by the end of 2029, providing about 5.67 cux rupees in Forex between 2025 and 2029.

Between 2025 and 2034, this can lead to cumulative savings of at least 13.9 rupees in Forex. “India will get about 80 GB of solar cell manufacturing and 175 GW of the ability to manufacture stereotypes by 2026, which puts the country in a position that allows it to manufacture our energy transmission and escape from the imports Economically on continuous coal import “