Over 4 lakh miners to face job loss in global coal industry by 2035

11 Oct 2023 CW Team

According to a new report by Global Energy Monitor, a US-based NGO that analyzes the evolving international energy landscape, the coal industry is anticipated to lose over 400,000 mining jobs by 2035. This number is equivalent to nearly 100 workers per day. The report states that this decline will occur even without climate commitments or policies aimed at phasing out coal. The main cause for this trend is the market's shift towards cheaper wind and solar power generation. Additionally, the lack of planning to manage the transition to a post-coal economy exacerbates the situation. The report suggests that approximately 990,200 coal mining jobs will vanish due to the expected closures of coal facilities. This could lead to the dismissal of more than one-third (37%) of the existing workforce. China and India are predicted to bear the brunt of these job losses. China's Shanxi province is projected to experience the largest number of job losses globally, with 241,900 jobs expected to be cut by 2050. Meanwhile, Coal India faces the prospect of the most significant job reductions, with 73,800 potential job cuts by the mid-century. The report highlights the urgent need for strategic planning to manage the transition and support the affected workforce in these regions.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..