India targets 1.5 billion tonne coal output by 2030

13 Dec 2023 CW Team

The Indian government has unveiled an ambitious target to increase coal production to 1.5 billion tonnes by 2030, signalling a strategic push to meet the nation's growing energy needs. Prahlad Joshi, the Minister of Coal, highlighted the goal as part of a comprehensive plan to enhance domestic coal output and reduce dependence on imports.

The plan involves a multifaceted approach, including the expansion and modernisation of existing coal mines, the incorporation of advanced technologies, and the opening of new mining areas. The aim is not only to boost production but also to improve operational efficiency and sustainability in the coal mining sector.

Joshi emphasised the importance of self-sufficiency in coal production to meet the rising demand from various sectors, including power generation, industries, and infrastructure development. The ambitious target aligns with India's broader energy strategy and its commitment to securing a reliable and affordable energy supply for sustained economic growth.

As the government strives to balance energy security with environmental considerations, the plan includes measures to minimise the environmental impact of increased coal production. The announcement underscores India's determination to strategically manage its energy resources, ensuring a robust and sustainable energy ecosystem to support the nation's development aspirations.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..