Posted on 10/04/2023 10:10:54 PM PDT by SeekAndFind
India’s state power giant NTPC Ltd reported on Tuesday an 83% jump in coal production from the mines it operates in the first half of the 2023/24 fiscal year as India continues to rely on coal to meet most of its electricity demand.
Coal still generates around 70% of the country’s electricity. NTPC, with a current installed power generation capacity from all sources of more than 73 gigawatts (GW), is the largest integrated power company.
In the first half of the fiscal year 2023/2024, between April and September, NTPC also saw coal dispatch for the period soar by 94%, Indian media report, citing the company’s first-half and Q2 figures.
NTPC also boosted its coal production by 66% in the second quarter of its fiscal year, compared to the period between July and September in 2022.
In September 2023 alone, the company’s coal production surged by 80% and coal dispatch jumped by 106% year-on-year.
During the whole previous fiscal year between April 2022 and March 2023, NTPC’s coal production soared by 65%, Gurdeep Singh, chairman and managing director, told the annual general meeting in August 2023.
India had anticipated that its power generation from coal would increase in the current year as authorities plan to have coal-fired units maximize electricity production from imported coal to meet rising demand.
Early this year, India’s government expected coal-fired power plants to use 8% more coal in the financial year between March 2023 and March 2024, as demand is set to continue rising thanks to growing economic activity and unpredictable weather.
(Excerpt) Read more at oilprice.com ...
More of that carbon neutral coal huh?
Cheap power from coal for businesses in India, much more expensive green energy for businesses in USA. Great!
Burn, baby, burn! Light 'em up!
India and China are doing what’s best for their people, while we do what’s best for a gaggle of neurotic environmentalists.
Those Indian coal plant put out more CO2 in an hour than all of our EVs save in a year.
“India and China are doing what’s best for their people, while we do what’s best for a gaggle of neurotic environmentalists.”
probably one of the comments Iv’e read this year!
+++++++++++++++++++++++++++++++++++++++++++!!!
Good for India and Indians, they can't help it if they're smarter and harder working than American Prog Socialist Left Greenies.
The extra CO2 from burning coal is beneficial to humanity.
C02 is PLANT FOOD. India should get an award for truly contributing to the greening of the Earth.
Then why is Deep State exporting so much of OUR coal THERE...
We can’t burn our own coal, but Deep State will export it elsewhere to burn...
But wait a minute. That’s OK because the fake commie pope says America is the problem and not doing enough to stop the sun from warming up the planet. /s
Good description for what the EPA has become.
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