Coal demand in India to surge by 63% by 2030
COAL & MINING

Coal demand in India to surge by 63% by 2030

The draft Economic Survey 2021-22 projects coal demand in the range of 1.3 billion tonnes to 1.5 billion tonnes by 2030, a surge of 63% from the present demand.

In India, the transition away from coal is not happening in the foreseeable future.

Although there will be a drive for renewable or non-fossil based energy, the share of coal in the energy basket is going to remain vital in the years ahead. Coal demand in the nation is yet to increase.

Presently, there is no scenario of transition away from coal impacting any stakeholders included in coal mining.

The Ministry of Coal has formed a Sub-Committee to look into holistic closure of abandoned/legacy mine sites and mines closing due to exhaustion of reserves, viability problems etc, and involving social aspects of mine closure on principles of just change in addition to physical and environmental closure.

On 22 March, Union Minister of Coal, Mines, and Parliamentary Affairs Shri Pralhad Joshi told the media that India's coal ministry would seek a relaxation of some environmental norms to help improve India's overall coal production.

Image Source

Also read: Global demand for coal electricity rose 6% to 7,906 mt in 2021

The draft Economic Survey 2021-22 projects coal demand in the range of 1.3 billion tonnes to 1.5 billion tonnes by 2030, a surge of 63% from the present demand. In India, the transition away from coal is not happening in the foreseeable future. Although there will be a drive for renewable or non-fossil based energy, the share of coal in the energy basket is going to remain vital in the years ahead. Coal demand in the nation is yet to increase. Presently, there is no scenario of transition away from coal impacting any stakeholders included in coal mining. The Ministry of Coal has formed a Sub-Committee to look into holistic closure of abandoned/legacy mine sites and mines closing due to exhaustion of reserves, viability problems etc, and involving social aspects of mine closure on principles of just change in addition to physical and environmental closure. On 22 March, Union Minister of Coal, Mines, and Parliamentary Affairs Shri Pralhad Joshi told the media that India's coal ministry would seek a relaxation of some environmental norms to help improve India's overall coal production. Image Source Also read: Global demand for coal electricity rose 6% to 7,906 mt in 2021

Next Story
Products

Smart Solutions

Hikvision’s advanced Boom Barriers streamline access control and traffic management with AI-enabled automation. Offering telescopic, folding, and fencing boom arms, these solutions enhance safety, efficiency, and security across residential, commercial, and industrial premises.Contact: HikvisionWebsite: www.hikvisionindia.com ..

Next Story
Products

Next-Gen Seal

Type 8628VL is a next-generation mechanical seal for multiphase ethane and ethylene pipelines. Featuring dual non-contacting seal faces with spiral groove technology, it ensures superior reliability, efficiency, and environmental compliance under volatile pressure and temperature conditions, validated by peer-reviewed research.Company Name: John Crane Website: https://www.johncrane.com/ ..

Next Story
Products

Smart Kitchen Chimney

KAFF’s NEWBURY 90 DC chimney combines sleek grey tempered glass design with a powerful BLDC motor, 8-speed gesture/touch controls, multidimensional extraction, LED lighting, filter-less Smart Auto Clean technology, and a 12-year motor warranty delivering elegance, quiet efficiency, and long-term reliability.Contact: KAFFWebsite: https://shorturl.at/WKUkh ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?