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

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..