亚博体育官网首页

Govt Aims to Enhance Underground Coal Output to 100 MT - Coal Secy
COAL & MINING

Govt Aims to Enhance Underground Coal Output to 100 MT - Coal Secy

The Indian government is reportedly planning to introduce a policy aimed at doubling underground coal production to reach 100 million tonnes (MT), according to the country's Coal Secretary. The proposed policy is expected to provide a significant boost to the coal sector and support the nation's ambitious energy targets.

In efforts to diversify the energy mix and reduce reliance on imported coal, the government is focusing on increasing domestic coal production. As part of this strategy, the government aims to enhance underground coal production, which currently stands at around 50 MT, to a target of 100 MT.

The proposed policy will incentivize and promote investment in underground coal mines, thereby contributing to the growth of the domestic coal industry. This move is expected to create new job opportunities and stimulate economic development in regions with significant coal reserves.

The Coal Secretary highlighted that the policy aims to streamline the underground coal production process and address any regulatory challenges that may hinder its growth. Additionally, it seeks to attract private sector participation by offering various financial and operational incentives for investing in underground coal mines.

India is one of the world's largest coal consumers and producers, and currently imports a significant amount of coal to meet its energy demands. By doubling the underground coal production, the government hopes to reduce the country's reliance on coal imports and increase energy self-sufficiency.

The development of underground coal mining has enormous potential, as it allows for safe extraction of coal reserves located deep below the surface. The policy's emphasis on boosting underground coal production aligns with the government's commitment towards sustainable and efficient coal utilization.

The government's focus on expanding underground coal production is part of its broader efforts to promote cleaner and more efficient energy sources. While the country is also investing in renewable energy, coal is expected to remain an important source of energy for the foreseeable future. Boosting domestic production can help in balancing the energy mix and reducing environmental impact.

In conclusion, the Indian government plans to introduce a policy to double underground coal production to 100 MT. This initiative aims to support energy goals, increase self-sufficiency, generate employment, and promote sustainable coal extraction practices. By incentivizing investment, the government hopes to streamline the underground coal sector and reduce the necessity for coal imports.

The Indian government is reportedly planning to introduce a policy aimed at doubling underground coal production to reach 100 million tonnes (MT), according to the country's Coal Secretary. The proposed policy is expected to provide a significant boost to the coal sector and support the nation's ambitious energy targets. In efforts to diversify the energy mix and reduce reliance on imported coal, the government is focusing on increasing domestic coal production. As part of this strategy, the government aims to enhance underground coal production, which currently stands at around 50 MT, to a target of 100 MT. The proposed policy will incentivize and promote investment in underground coal mines, thereby contributing to the growth of the domestic coal industry. This move is expected to create new job opportunities and stimulate economic development in regions with significant coal reserves. The Coal Secretary highlighted that the policy aims to streamline the underground coal production process and address any regulatory challenges that may hinder its growth. Additionally, it seeks to attract private sector participation by offering various financial and operational incentives for investing in underground coal mines. India is one of the world's largest coal consumers and producers, and currently imports a significant amount of coal to meet its energy demands. By doubling the underground coal production, the government hopes to reduce the country's reliance on coal imports and increase energy self-sufficiency. The development of underground coal mining has enormous potential, as it allows for safe extraction of coal reserves located deep below the surface. The policy's emphasis on boosting underground coal production aligns with the government's commitment towards sustainable and efficient coal utilization. The government's focus on expanding underground coal production is part of its broader efforts to promote cleaner and more efficient energy sources. While the country is also investing in renewable energy, coal is expected to remain an important source of energy for the foreseeable future. Boosting domestic production can help in balancing the energy mix and reducing environmental impact. In conclusion, the Indian government plans to introduce a policy to double underground coal production to 100 MT. This initiative aims to support energy goals, increase self-sufficiency, generate employment, and promote sustainable coal extraction practices. By incentivizing investment, the government hopes to streamline the underground coal sector and reduce the necessity for coal imports.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement