+
Union Minister says India needs to ramp up coal production
COAL & MINING

Union Minister says India needs to ramp up coal production

India needs to increase its domestic coal production to meet the demand for fuel and reduce import dependency. Union Coal and Mines Minister, Pralhad Joshi, has estimated the need for coal to double by 2040 with the rise in electric vehicles and the electricity demand. 

The target of the coal ministry is to minimise thermal coal imports and make the country 'Aatmanirbhar'. Extractable reserves in closed or abandoned coal mines are around 380 million tonne of which 30-40 million tonne can be easily extracted, according to his insights, adding that continuation of mining activities will help in increasing coal supply while also creating employment opportunities for the locals. 

CIL is planning to offer its 20 closed or abandoned underground coal mines to the private sector to reopen and bring into production on the revenue-sharing model. 

India needs to increase its domestic coal production to meet the demand for fuel and reduce import dependency. Union Coal and Mines Minister, Pralhad Joshi, has estimated the need for coal to double by 2040 with the rise in electric vehicles and the electricity demand. The target of the coal ministry is to minimise thermal coal imports and make the country 'Aatmanirbhar'. Extractable reserves in closed or abandoned coal mines are around 380 million tonne of which 30-40 million tonne can be easily extracted, according to his insights, adding that continuation of mining activities will help in increasing coal supply while also creating employment opportunities for the locals. CIL is planning to offer its 20 closed or abandoned underground coal mines to the private sector to reopen and bring into production on the revenue-sharing model. 

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code