India has extended its mandate allowing imported coal-based power plants to operate at full capacity until February 28, as confirmed by a government circular issued on Friday.
Key Details:
Previous Mandates:
In October, the Indian government invoked an emergency clause directing major companies, including Tata Power, Adani Power, and Vedanta, to run their imported coal-fired plants until October 15.
This mandate was subsequently extended to December 31 before the latest announcement.
Capacity Overview:
Imported coal-based power plants in India boast a combined annual capacity of nearly 16 gigawatts.
Current Trends:
India’s coal-fired power output experienced a decline for the second consecutive month in September, attributed to slower electricity demand growth and a significant increase in solar power generation.
According to reports, India’s imports of thermal coal dropped by 31.8% in October, marking the fastest contraction rate in fifteen months.
Overall Generation Statistics:
Despite the recent declines, India’s overall coal-based power generation from April to September rose by 5% compared to the previous year, as per government data.