India's Coal Reliance to Continue: Govt

By By Rediff Money Desk, NEWDELHI
Dec 11, 2023 15:04
India's transition away from coal is not expected in the near future, with the government emphasizing the need for affordable energy and coal's role in job creation.
New Delhi, Dec 11 (PTI) The transition away from coal is not happening in India in the foreseeable future, Parliament was informed on Monday.

Although India is pushing for renewable, non-fossil-based energy, but the share of coal in the energy basket is going to remain significant in the years ahead to ensure affordable energy availability, coal and mines minister Pralhad Joshi said.

"In India, the transition away from coal or Just Transition is not happening in the foreseeable future," the minister said.

Replying to a query in the Rajya Sabha, the minister said although, in due course, some mines may close down due to exhaustion of reserves, at the same time, many new coal blocks are being operationalised to meet the growing energy demand.

"These mines are not only ensuring affordability and energy security of the nation but also providing new additional opportunities for new employment and redeployment of workers in new mines from the to-be-closed mines to ensure better livelihood and also generate indirect employment opportunities in coal regions," he said.

"The World Bank is implementing a technical assistance project...This is intended for the study of already closed, abandoned and to be closed mines due to resource exhaustion and geo-spatial mapping of the area," he added.
Read More On:
coalindiaenergytransitionrenewablefossil fuelsgovernmentparliamentcoal minesenergy security
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Sebi Board to Review MF, Brokerage Rules

Sebi board to discuss mutual fund, stock broker rule changes, conflict of interest...

Zinc Futures Fall on Weak Demand | Dec 16

Zinc futures prices fell on Dec 16 due to reduced exposure by speculators and weak...

India AI Strength: Pradhan on Diversity &...

India's diversity is a strength in the AI era, says Minister Pradhan. Solutions built...

ITC Hotels to Expand Storii Brand at Wildlife...

ITC Hotels plans to open four Storii by ITC Hotels properties at wildlife destinations...

Lodha & MRG Group: Gurugram Projects, Rs 3600...

Lodha Developers partners with MRG Group to develop two projects in Gurugram with Rs...

AI Regulation: Govt Favors Existing Laws

Government prefers using existing laws like DPDP Act for AI regulation, focusing on...

Crude Oil Futures Decline on Weak Spot Demand

Crude oil futures fell on MCX due to weak spot demand. January delivery down Rs 2....

Bullion Rates Today: Gold & Silver Prices

Check today's opening bullion rates in Chennai. Gold (22K, 18K) and silver prices per...

B Sairam Appointed Coal India CMD

B Sairam assumes charge as Chairman and Managing Director of Coal India Limited (CIL)....

Google AI Push: Funding for Health & Agriculture

Google commits millions to India AI Centers for health, agriculture, education, and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com