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
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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.

 



Saudi Arabia Announces Discovery of Oil, Gas Deposits

Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
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Saudi Arabia Announces Discovery of Oil, Gas Deposits

Saudi Arabia announced the discovery of seven oil and gas deposits. SPA
Saudi Arabia announced the discovery of seven oil and gas deposits. SPA

Saudi Energy Minister Prince Abdulaziz bin Salman announced on Monday the discovery of seven oil and gas deposits in the Kingdom's Eastern Province and Empty Quarter, the official Saudi news agency SPA reported.

Prince Abdulaziz said Saudi Aramco had discovered "two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs", SPA said.

Two unconventional oil fields and one reservoir were discovered in the Eastern Province while two natural gas fields and two reservoirs in the Kingdom's Empty Quarter.