APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT
Registered User
New UserIndia’s energy conundrum: committed to renewables but still expanding coal
17 Nov 2022
Critics says India’s plans to increase coal production to 1bn tonnes a year are environmentally devastating and unnecessary
Three days before India’s environment minister boarded a flight to Egypt for this year’s UN climate summit, Cop27, the country’s finance minister was busy with a new announcement.
“India needs greater investment in coal production,” said Nirmala Sitharaman at the Delhi launch of India’s biggest ever coalmine auction, where 141 new sites for coalmines will be sold off to the highest bidder.
At a time when the world’s future hinges on a dramatic global reduction of carbon dioxide emissions and global leaders are gathered in Sharm el-Sheikh to try to limit the impact of the climate crisis – with decarbonisation on the agenda – the Indian government is continuing on its biggest ever push for domestic coal production, even toying with the idea of producing so much it could become a future coal exporter.