India's Coal-based Power Demand at All-time High

Workers unload coal from a supply truck at a yard on the outskirts of Ahmedabad, India October 12, 2021. REUTERS/Amit Dave/File Photo Purchase Licensing Rights
Workers unload coal from a supply truck at a yard on the outskirts of Ahmedabad, India October 12, 2021. REUTERS/Amit Dave/File Photo Purchase Licensing Rights
TT

India's Coal-based Power Demand at All-time High

Workers unload coal from a supply truck at a yard on the outskirts of Ahmedabad, India October 12, 2021. REUTERS/Amit Dave/File Photo Purchase Licensing Rights
Workers unload coal from a supply truck at a yard on the outskirts of Ahmedabad, India October 12, 2021. REUTERS/Amit Dave/File Photo Purchase Licensing Rights

India's demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.

Peak demand for power in India's hot, arid northern plains hit a record earlier this week, even as the government said it continues to implement measures to meet high energy consumption.

The India Meteorological Department (IMD) has predicted above-normal temperatures for June in the northwest and central parts of the country, making it one of the longest heatwave spells, according to Reuters.

 

Cumulative coal production stood at 207.48 million tonnes as of June 16, a growth of 9.27% from the same period last year, the government said in a release.

More than 75% of India's power generation was from coal in 2023, while gas-fired plants have accounted for only about 2% in recent years, largely because of the high cost of gas relative to coal.

"The Ministry of Coal is fully committed to ramp up coal production and transportation, ensuring power plants have ample reserves to meet the surge in electricity demand," the release said.

 



MAWANI Expands Jeddah Port’s Reach with FEM1 Shipping Service

MAWANI Expands Jeddah Port’s Reach with FEM1 Shipping Service
TT

MAWANI Expands Jeddah Port’s Reach with FEM1 Shipping Service

MAWANI Expands Jeddah Port’s Reach with FEM1 Shipping Service

The Saudi Ports Authority (MAWANI), in partnership with CStar Shipping Company and United Global Logistics (UGL), has announced the addition of the new shipping service FEM1 to the Jeddah Islamic Port to enhance the movement of exports and imports in line with MAWANI’s vision of reliable, efficient, and sustainable port operations.
This expansion is part of MAWANI’s ongoing efforts to improve the maritime navigation network connectivity index with global shipping lines, according to SPA.

By enhancing port competitiveness and increasing connections to ports in the East and West, MAWANI is contributing to the National Strategy for Transport and Logistic Services that aims to solidify Saudi Arabia's position as a global logistics hub and a bridge between three continents.
The new shipping service connects Jeddah Islamic Port with key ports in China, Malaysia, and Türkiye, including Qingdao, Shanghai, Ningbo, Nansha, Kelang, and Istanbul. With a capacity of 2,758 standard containers, the addition of FEM1 further strengthens Jeddah Islamic Port's pivotal role as a gateway to Europe, Asia, and Africa. This strategic location offers a competitive advantage for exporters, importers, and shipping agents, making it the first port on the Red Sea coast for transit maritime trade as well as container and cargo transportation.