India Transforms Coal and Minerals With Green Growth Drive
COAL & MINING

India Transforms Coal and Minerals With Green Growth Drive

Union Minister of Coal & Mines, G. Kishan Reddy, stated that under Prime Minister Narendra Modi’s leadership, India’s coal and mineral sectors are undergoing a historic transformation, balancing the nation’s rising energy needs with ambitious sustainability goals.
Speaking at the Energy Leadership Summit organised by the Economic Times, the Minister noted that coal production and dispatch exceeded 1 billion tonnes in 2024–25, with demand projected to reach 1.6 billion tonnes by 2030. “To meet this rising demand sustainably, we are turning coal into a driver of green growth. The Coal Gasification Mission aims to achieve 100 million tonnes by 2030, supported by an Rs 8.5 billion incentive scheme, with seven projects already underway,” he said. Coal PSUs are diversifying into renewables, having added 1,900 MW of solar and wind capacity, with a target of 15 GW by 2030. Neyveli Lignite Corporation alone is contributing 10.11 GW.
On the environmental front, Reddy highlighted that over 57,000 hectares of mined land have been reclaimed, with an additional 16,000 hectares targeted under Mission GREEN Coal Regions by 2030.
Regarding mining reforms, the Minister said 542 mineral blocks have been auctioned, including 34 critical minerals. “For the first time, private and junior exploration agencies have been involved. Drone surveys, AI-driven modelling, and remote sensing are fast-tracking exploration, and 13 exploration licences have been awarded, marking a new era for mining,” he added.
Reddy emphasised India’s global presence, noting that through the National Critical Minerals Mission, strategic stockpiles are being built and overseas assets secured. KABIL has acquired lithium blocks in Argentina, while nodal officers abroad are strengthening mineral diplomacy. An Rs 1.5 billion incentive scheme for recycling critical minerals, alongside new Centres of Excellence, will further boost domestic research and capabilities.
Concluding, the Minister reaffirmed that Prime Minister Modi has set a vision for a Viksit Bharat by 2047—an India that is developed, prosperous, and self-reliant. 

Union Minister of Coal & Mines, G. Kishan Reddy, stated that under Prime Minister Narendra Modi’s leadership, India’s coal and mineral sectors are undergoing a historic transformation, balancing the nation’s rising energy needs with ambitious sustainability goals.Speaking at the Energy Leadership Summit organised by the Economic Times, the Minister noted that coal production and dispatch exceeded 1 billion tonnes in 2024–25, with demand projected to reach 1.6 billion tonnes by 2030. “To meet this rising demand sustainably, we are turning coal into a driver of green growth. The Coal Gasification Mission aims to achieve 100 million tonnes by 2030, supported by an Rs 8.5 billion incentive scheme, with seven projects already underway,” he said. Coal PSUs are diversifying into renewables, having added 1,900 MW of solar and wind capacity, with a target of 15 GW by 2030. Neyveli Lignite Corporation alone is contributing 10.11 GW.On the environmental front, Reddy highlighted that over 57,000 hectares of mined land have been reclaimed, with an additional 16,000 hectares targeted under Mission GREEN Coal Regions by 2030.Regarding mining reforms, the Minister said 542 mineral blocks have been auctioned, including 34 critical minerals. “For the first time, private and junior exploration agencies have been involved. Drone surveys, AI-driven modelling, and remote sensing are fast-tracking exploration, and 13 exploration licences have been awarded, marking a new era for mining,” he added.Reddy emphasised India’s global presence, noting that through the National Critical Minerals Mission, strategic stockpiles are being built and overseas assets secured. KABIL has acquired lithium blocks in Argentina, while nodal officers abroad are strengthening mineral diplomacy. An Rs 1.5 billion incentive scheme for recycling critical minerals, alongside new Centres of Excellence, will further boost domestic research and capabilities.Concluding, the Minister reaffirmed that Prime Minister Modi has set a vision for a Viksit Bharat by 2047—an India that is developed, prosperous, and self-reliant. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code