+
India's Power Mix Shifts: Coal Decline
COAL & MINING

India's Power Mix Shifts: Coal Decline

India's energy landscape is undergoing a profound transformation as coal, once the dominant player in power generation, yields ground to cleaner alternatives. According to recent reports, coal's share in India's power generation capacity has dipped below 50% for the first time since the 1960s. This shift marks a significant milestone in India's journey towards embracing renewable energy sources and reducing its carbon footprint.

The decline of coal in India's energy sector is a multifaceted phenomenon driven by various factors. Government policies promoting renewable energy, coupled with declining costs of solar and wind power technologies, have made clean energy more attractive and economically viable. Additionally, concerns over air pollution and environmental degradation have prompted a reevaluation of coal's role in the energy mix.

Renewable energy sources such as solar and wind are rapidly gaining traction, with investments pouring into utility-scale projects across the country. India's ambitious renewable energy targets, including the aim to achieve 450 gigawatts of renewable energy capacity by 2030, underscore the nation's commitment to transitioning towards a greener future.

This shift towards renewable energy not only contributes to mitigating climate change but also presents economic opportunities for India. The renewable energy sector has the potential to drive job creation, stimulate economic growth, and enhance energy security. Furthermore, reducing dependence on coal can alleviate pressure on India's coal reserves and lessen the environmental impact of coal mining and combustion.

However, challenges remain in fully realising India's renewable energy potential. Grid integration, intermittency issues, and storage capabilities pose significant hurdles that need to be addressed through innovation and investment in infrastructure. Moreover, the transition away from coal must be managed carefully to ensure a smooth and equitable transition for coal-dependent communities and industries.

In conclusion, India's decreasing reliance on coal in its power generation capacity heralds a new era of sustainability and innovation in the country's energy sector. By embracing renewable energy sources and reducing its dependence on coal, India is poised to emerge as a global leader in the transition towards a cleaner, more sustainable energy future.

India's energy landscape is undergoing a profound transformation as coal, once the dominant player in power generation, yields ground to cleaner alternatives. According to recent reports, coal's share in India's power generation capacity has dipped below 50% for the first time since the 1960s. This shift marks a significant milestone in India's journey towards embracing renewable energy sources and reducing its carbon footprint. The decline of coal in India's energy sector is a multifaceted phenomenon driven by various factors. Government policies promoting renewable energy, coupled with declining costs of solar and wind power technologies, have made clean energy more attractive and economically viable. Additionally, concerns over air pollution and environmental degradation have prompted a reevaluation of coal's role in the energy mix. Renewable energy sources such as solar and wind are rapidly gaining traction, with investments pouring into utility-scale projects across the country. India's ambitious renewable energy targets, including the aim to achieve 450 gigawatts of renewable energy capacity by 2030, underscore the nation's commitment to transitioning towards a greener future. This shift towards renewable energy not only contributes to mitigating climate change but also presents economic opportunities for India. The renewable energy sector has the potential to drive job creation, stimulate economic growth, and enhance energy security. Furthermore, reducing dependence on coal can alleviate pressure on India's coal reserves and lessen the environmental impact of coal mining and combustion. However, challenges remain in fully realising India's renewable energy potential. Grid integration, intermittency issues, and storage capabilities pose significant hurdles that need to be addressed through innovation and investment in infrastructure. Moreover, the transition away from coal must be managed carefully to ensure a smooth and equitable transition for coal-dependent communities and industries. In conclusion, India's decreasing reliance on coal in its power generation capacity heralds a new era of sustainability and innovation in the country's energy sector. By embracing renewable energy sources and reducing its dependence on coal, India is poised to emerge as a global leader in the transition towards a cleaner, more sustainable energy future.

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?