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India plans to not retire coal-fired power plants till 2030 on rising demand

sxcoal.com Production & Sales,  Safety,  Thermal Coal,  Thermal Power 2023-01-31 10:15:01

India asked utilities to not retire coal-fired power plants till 2030 to meet fast-rising power consumption in the country, Reuters reported, citing a federal power ministry notice.


The Central Electricity Authority (CEA) said in a notice dated January 20 that it is advised to all power utilities not to retire any thermal (power generation) units till 2030 and ensure the availability of units after carrying out renovation and modernization activities if required.


Factors, including extreme weather, higher residential power consumption and rising industrial activities, pulled up power demand in India in recent months.


The peak demand met in the country surged to a record of 210.6 GW on January 18, 1.7% higher than the previous peak of 207.1 GW in April 2022 which led to the country's worst power crisis in six and a half years, Reuters reported.


India's peak power demand has already risen 5% this year, and a further 3-4% increase would increase the likelihood of another crisis, Reuters reported, citing a senior official at a utility in a southern Indian state.


Coal accounts for nearly three-quarters of India's annual power generation. Although the country also works to increase clean energy, it missed its target for renewable energy addition target by almost a third in 2022.



(Writing by Emma Yang  Editing by Tammy Yang)
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