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In the wake of the Russia-Ukraine crisis, food and energy costs have become one of the major concerns for countries globally.
And developing countries like India have been facing the brunt of it.
Some weeks ago, India also raised concerns regarding the energy crisis in the UN security council, and asked for addressing the issue, through 'cooperative efforts'.
Now, India's state-run electricity giant NTPC Ltd. plans to rejuvenate its focus on coal energy.
It aims to expand its coal-fired power fleet, by awarding a contract to construct a 1,320 MW power plant in Odisha.
It is also considering awarding contracts for two previously stalled expansion projects at its Lara and Singrauli sites in central India, according to officials.
Such actions have been made absolutely necessary by the worsening energy crisis the country is facing.
There have been prolonged blackouts in regions of several states across the country, with power disruptions lasting up to 8 hours.
The country's coal reserves are dwindling, at a time when our energy imports have been hindered due to the global energy disruption.
However, in spite of these announcements, NTPC still aims to stick to its long-term goal of leveraging India's clean energy capacity.
NTPC currently projects to cut down the fossil fuel share of our energy from 83% currently to 50% by the year 2032.
Moreover, to meet the current demand and tackle the energy crisis, imports are expected to be increased to 20 million tons during the fiscal year to march.
NTPC also aims to boost its annual output by about 86% to 26 million tonnes.
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