ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

India's coal demand likely to increase by 63 pc by 2030

New Delhi [India], March 23 (ANI): India's coal demand is projected to increase to 1.3-1.5 billion tonnes by 2030, an increase of around 63 per cent from the current level, despite a big push given to renewable/non-fossil based energy sources, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said on Wednesday.

ANI Mar 23, 2022 17:01 IST googleads

Representative Image

New Delhi [India], March 23 (ANI): India's coal demand is projected to increase to 1.3-1.5 billion tonnes by 2030, an increase of around 63 per cent from the current level, despite a big push given to renewable/non-fossil based energy sources, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said on Wednesday.
"In India, the transition away from coal is not happening in foreseeable future. Although there will be a push for renewable/non-fossil based energy, the share of coal in the energy basket is going to remain significant in years ahead," Joshi said in a written reply to a question in the Lok Sabha.
"Coal demand in the country is yet to peak. The draft Economic Survey 2021-22 projects coal demand in the range of 1.3-1.5 billion tonnes by 2030, an increase of 63 per cent from the current demand. Thus, as of now there is no scenario of transition away from coal affecting any stakeholders involved in coal mining," the minister said.
On a question related to the handling of abandoned mine sites, Joshi said, "Ministry of Coal has constituted a Sub-Committee to look into holistic closure of abandoned/legacy mine sites and mines closing due to exhaustion of reserves, viability issues etc, and involving social aspects of mine closure on principles of just transition in addition to physical and environmental closure." (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.