Thermal coal demand to increase to 1,500 mt: Coal Ministry

07 Jun 2022 CW Team

Ministry of Coal, Pralhad Joshi, told the media that to meet India's energy demand which will double by 2040, thermal coal requirement would increase to around 1,500 million tonnes (mt) in the next 18 years.

He said that there was a need to be conscious of the environment and keep in view the sustainable mining goals.

He added that the expected electricity generation by 2040 would be around 3,000 billion units. India's power demand was expected to double by 2040. To cater to the rising demand, thermal coal demand by 2040 would increase to nearly 1,500 mt.

During his visit to NLC India Limited at Neyeli, he said that the best efforts are undergoing to balance the dependence on coal and lignite with the development of renewable power and the transition to green energy.

NLC India said that the Coal Minister emphasised the importance of coal in the country's energy security.

The Minister said that India has a balanced energy mix, helping the country move toward its energy-environmental goals and shift to clean energy.

Image Source

Also read: Coal demand expects to grow in India: Coal Ministry

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..