Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Improvement in the core sector's performance aided by easing of rainfall-related disruptions in sectors such as mining, electricity
India is expected to add new thermal power plants (TPPs) and coal mines until 2030 to meet growing energy demand.
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
The 4,000 megawatt (MW) coal-fired plant is running at almost full capacity in the first half of April when electricity consumption grew nearly 10% year-on-year to 70.66 billion units (BU).
The joint venture will set up an ammonium nitrate plant in Odisha through surface coal gasification technology.
The PSU will be setting up two projects through JVs involving an outlay of ₹24,834 crore.
Sector Macroscope
Given that India is already committed to tripling renewable and nuclear energy by 2030 and energy surplus since FY11, it doesn't need to hung up on coal
A coalition comprising more than 80 countries, including the United States, the European Union, and small island nations, advocates for pact at COP28 that incorporates to "phase out" fossil fuels.