Revenue Agenda
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Revenue Agenda
No Result
View All Result
Home Economy

India’s Coal Dilemma: 40 Years, Still Running at 90%

by
April 17, 2024
in Economy
0
India’s Coal Dilemma: 40 Years, Still Running at 90%
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

India’s Coal Dilemma: 40 Years, Still Running at 90%

Quick Look:

The Tuticorin coal plant, despite pollution concerns, operates at 90% efficiency; India’s rising energy demands slow its transition to renewables; Coal remains central in India, affecting global emissions goals; Nearby renewable projects contrast with ongoing coal dependency.

Built on the saline coast of southern India, the Tuticorin power plant serves as a stark emblem of the complexities facing India, the world’s fastest-growing major economy. The 1,050-megawatt coal facility, operational for four decades, is an anachronism in an era pushing for clean energy. Despite the Indian government’s initial plans for its shutdown by 2022 due to an inability to meet pollution standards, the plant continues to operate with remarkable efficiency, achieving 90% utilisation as recently as February. Its continued operation, reliant on coal transported from distant mines, exacerbates the national emissions dilemma, underscoring the challenging balance between environmental mandates and energy reliability.

The Rising Tide of Energy Demand

India’s electricity demand is rapidly increasing, driven by higher temperatures and greater affluence. Consequently, this surge has escalated the use of energy-intensive appliances like air conditioners. As a result, the nation’s power grid is under severe strain. Although Prime Minister Narendra Modi is pushing to expand solar and wind power, progress is slow. Thus, this delay has inadvertently revitalised ageing, inefficient coal plants such as Tuticorin. Recently, Modi has supported new power projects and extended the lifespan of existing coal assets. However, these decisions conflict with global environmental strategies and compromise India’s commitments to reducing greenhouse gas emissions.

Tuticorin: Coal and Renewables Side by Side

The dynamics at play with Tuticorin are reflective of a broader, global shift. While coal demand in China, the leading consumer, may have peaked, the future of coal consumption will increasingly hinge on India and other rising economies in Southeast Asia. Despite international pressures and the evident risks of continued fossil fuel dependency, India has not only persisted with coal but has also escalated its engagement with it. In response to the 2021 coal and power crisis, India intensified its mining efforts. It shelved plans to decommission outdated plants, all while advocating at international forums for resolutions that accommodate continued fossil fuel use.

The juxtaposition of Tuticorin with nearby renewable installations highlights India’s energy paradox. Solar and wind facilities, located just miles from the coal plant, indicate a shift towards renewable energy. However, the reality is that the nation continues to invest in coal heavily. Furthermore, this scenario is exacerbated by the minimal adoption of natural gas and the controversial development of hydropower projects, particularly in the environmentally delicate Himalayan region.

As India reaches this critical junction, its decisions will shape both its environmental and economic futures. Furthermore, these choices will affect the global reduction of coal use. Additionally, with the world watching, India’s decisions could set a precedent. This model could guide other rapidly developing countries in managing their growing energy needs amidst urgent climate challenges.

The post India’s Coal Dilemma: 40 Years, Still Running at 90% appeared first on FinanceBrokerage.

Previous Post

Solana at $135: Potential Rebound to $250

Next Post

The dollar index is successfully maintained above 106.00

Next Post
The dollar index is successfully maintained above 106.00

The dollar index is successfully maintained above 106.00

  • Trending
  • Comments
  • Latest
Top 10 Potash Countries by Production (Updated 2024)

Top 10 Potash Countries by Production (Updated 2024)

August 21, 2024
Top 10 Phosphate Countries by Production (Updated 2024)

Top 10 Phosphate Countries by Production (Updated 2024)

August 1, 2024
Top 10 Cobalt Producers by Country (Updated 2024)

Top 10 Cobalt Producers by Country (Updated 2024)

September 19, 2024
Top 10 Uranium-producing Countries (Updated 2024)

Top 10 Uranium-producing Countries (Updated 2024)

November 6, 2024
High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

0
New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

0

Pennsylvania House clears tax credits for new teachers, nurses, police officers

0
Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

0
High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

June 16, 2025
Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

June 16, 2025
Anteros Discovers High-Grade Copper-Gold-Silver in Untested Target Area at its Havens Steady VMS Property, Newfoundland

Anteros Discovers High-Grade Copper-Gold-Silver in Untested Target Area at its Havens Steady VMS Property, Newfoundland

June 16, 2025
Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West ‘Pallas Green Lookalike’ Target

Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West ‘Pallas Green Lookalike’ Target

June 16, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent News

High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

High grades incl. 10m @ 43.8g/t Au in Sandstone drilling

June 16, 2025
Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

June 16, 2025
Anteros Discovers High-Grade Copper-Gold-Silver in Untested Target Area at its Havens Steady VMS Property, Newfoundland

Anteros Discovers High-Grade Copper-Gold-Silver in Untested Target Area at its Havens Steady VMS Property, Newfoundland

June 16, 2025
Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West ‘Pallas Green Lookalike’ Target

Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West ‘Pallas Green Lookalike’ Target

June 16, 2025
  • About us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 revenueagenda.com | All Rights Reserved

No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy

Copyright © 2025 revenueagenda.com | All Rights Reserved