亚博体育官网首页

India to triple underground coal mining for energy needs
COAL & MINING

India to triple underground coal mining for energy needs

India is aiming to rejuvenate underground coal mining in an effort to increase production and address the country's rapidly growing energy requirements, despite global pressure to reduce the use of the environmentally harmful fossil fuel.

According to Amrit Lal Meena, a senior official at India's coal ministry, the country is experiencing significant industrial and economic expansion, stating, "India is on a high-orbit growth trajectory." He emphasised that coal continues to be a pivotal factor in India's economic progress and overall development.

The coal ministry has outlined its intentions to triple the output from underground coal mines by 2028. This involves plans to auction new blocks, expedite environmental clearance procedures, and introduce incentives to encourage both foreign investment and domestic equipment manufacturing.

India, the world's second-largest coal producer, currently derives 95 percent of its coal from opencast mines situated on the surface, relying on this fuel source for approximately three-quarters of its power generation.

Despite the prevalent use of opencast mining, underground tunnel mining, which is more common in countries like China and Australia, has experienced a sharp decline in recent decades due to increased costs and associated risks.

The decision to intensify underground mining efforts aligns with India's pursuit of new coal sources to meet the escalating energy demands of the world's most populous country and the fastest-growing large economy.

India is aiming to rejuvenate underground coal mining in an effort to increase production and address the country's rapidly growing energy requirements, despite global pressure to reduce the use of the environmentally harmful fossil fuel. According to Amrit Lal Meena, a senior official at India's coal ministry, the country is experiencing significant industrial and economic expansion, stating, India is on a high-orbit growth trajectory. He emphasised that coal continues to be a pivotal factor in India's economic progress and overall development. The coal ministry has outlined its intentions to triple the output from underground coal mines by 2028. This involves plans to auction new blocks, expedite environmental clearance procedures, and introduce incentives to encourage both foreign investment and domestic equipment manufacturing. India, the world's second-largest coal producer, currently derives 95 percent of its coal from opencast mines situated on the surface, relying on this fuel source for approximately three-quarters of its power generation. Despite the prevalent use of opencast mining, underground tunnel mining, which is more common in countries like China and Australia, has experienced a sharp decline in recent decades due to increased costs and associated risks. The decision to intensify underground mining efforts aligns with India's pursuit of new coal sources to meet the escalating energy demands of the world's most populous country and the fastest-growing large economy.

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