GAIL revises its net zero carbon target to 2035 from 2040
OIL & GAS

GAIL revises its net zero carbon target to 2035 from 2040

M Nagaraju, Additional Secretary of the Ministry of Coal, announced that India's coal sector is poised to increase its production to around 1.1 billion tonnes next year, showing a compound annual growth rate of 11 % over the preceding two years. He made these remarks at the FICCI workshop titled 'Coal Matrix for Indian Metals Industry', where he detailed the government's comprehensive strategy for the coal sector, emphasizing efforts to diminish reliance on imports and enhance domestic capabilities.

Nagaraju disclosed that the government has launched the coking coal mission with a strategic goal of achieving 140 million tons by 2030. As part of this initiative, he revealed plans to establish eight coking coal washeries to meet the rising demand from the steel industry. He projected, "By 2029-30, we should have the capacity to produce as much coal as the country demands and be in a position to supply coal to other countries."

Additionally, the Ministry of Coal is finalizing a policy to facilitate the washery route for coking coal, aimed at providing washed coking coal to the steel industry to blend with imported coal. This step is designed to enhance the quality of domestic coal and decrease the steel sector's dependence on foreign coal.

The government is also promoting coal gasification, earmarking Rs 8,500 crore to support the establishment of coal gasification plants by both private and public sectors, noted Nagaraju, highlighting the potential for industry diversification.

Avinash Kumar Mishra, Executive Director (Coal) at the Railway Board, emphasized logistical support initiatives for the coal sector, mentioning plans for specialized wagons dedicated to transporting coal, especially for the burgeoning coal gasification market. Mishra also acknowledged a significant improvement in coal availability over the past two years, attributed partly to increased imports which are expected to diminish as domestic production rises.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

M Nagaraju, Additional Secretary of the Ministry of Coal, announced that India's coal sector is poised to increase its production to around 1.1 billion tonnes next year, showing a compound annual growth rate of 11 % over the preceding two years. He made these remarks at the FICCI workshop titled 'Coal Matrix for Indian Metals Industry', where he detailed the government's comprehensive strategy for the coal sector, emphasizing efforts to diminish reliance on imports and enhance domestic capabilities. Nagaraju disclosed that the government has launched the coking coal mission with a strategic goal of achieving 140 million tons by 2030. As part of this initiative, he revealed plans to establish eight coking coal washeries to meet the rising demand from the steel industry. He projected, By 2029-30, we should have the capacity to produce as much coal as the country demands and be in a position to supply coal to other countries. Additionally, the Ministry of Coal is finalizing a policy to facilitate the washery route for coking coal, aimed at providing washed coking coal to the steel industry to blend with imported coal. This step is designed to enhance the quality of domestic coal and decrease the steel sector's dependence on foreign coal. The government is also promoting coal gasification, earmarking Rs 8,500 crore to support the establishment of coal gasification plants by both private and public sectors, noted Nagaraju, highlighting the potential for industry diversification. Avinash Kumar Mishra, Executive Director (Coal) at the Railway Board, emphasized logistical support initiatives for the coal sector, mentioning plans for specialized wagons dedicated to transporting coal, especially for the burgeoning coal gasification market. Mishra also acknowledged a significant improvement in coal availability over the past two years, attributed partly to increased imports which are expected to diminish as domestic production rises.

Next Story
Real Estate

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Next Story
Infrastructure Urban

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Next Story
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement