Coal hero in India reopen dozens of mines

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Coal India, the world’s largest coal company, re -opens more than 30 mines and launches up to five other sites in green fields sites this year, saying that the country’s renewable energy sources sector is not yet able to meet the increasing demand for energy.

“By the time when renewed batteries storage systems and the storage of batteries are larger, better and more efficient, the charcoal share can decrease.”

Brasad said it was Reopening 32 collapsed coal mines based on revenue sharing with local partners owned by the private sector, with half a scale that is scheduled to start production in the fiscal year 2025-26.

Mines have been closed before because they are non -economic, due to relying on “Guide Mining“The small machines” said, in December, the Ministry of Coal announced plans to restore closed online mines to increase production and reduce imports.

“This is happening now,” said Brasad. The government had already granted tenders to 27 of these mines this year, and the remaining five were “in the pipeline” and would be granted soon.

Most of the demand for coal in the fifth largest economy in the world is met by local production, especially by Coal India. The company has 310 mines operating throughout the country, as it provides about three quarters of the national coal demand.

Despite the large investments in solar and wind farms by local blocs such as Tata Group, India still depends on charcoal by 74 percent of electricity generation. The government expects the share to decrease to 55 percent by 2030 and 27 percent by 2047.

The total investment in renewable energy in India amounted to more than $ 13 billion in the past year, which is much lower than 68 billion dollars annually to achieve the government’s goal of producing 500 gigawatts of green sources by 2030, according to Ember Think Think.

Brasad said that the state workers managed by the country were committed to the commitment of Prime Minister Narendra Modi to the country to reach the net carbon emissions in less than five decades.

He said: “We will reach the peak of coal by 2035, then it will be settled, then it will decrease by 2047 and will be deported by 2070,” explaining that a small amount of coal production is needed until then.

India has the fifth largest coal reserves in the world, and the government said that fuel “is still decisive.”

The country, the world’s fastest growing economy in the world, resists the international pressure to move more quickly to reduce the use of polluted fossil fuels. India focuses on an attempt Be a manufacturing center.

In March, Minister of Mining, Ji Keishhan Reddy, said that India “achieved a historic milestone” by producing more than 1 billion tons of coal in the fiscal year 2024-25, an increase of 5 percent of the previous year.

Brasad expects that Coal India will lead the only one billion tons of production by 2029 after the production of 781 million tons last year. The government expects the total will grow local coal by 6-7 percent annually to reach 1.5 billion tons by 2030.

The Energy Chair said that the energy needs in the country of 1.4 billion people are “very high due to the increasing ambitions” and the efforts to connect more homes to the electric network. He said that to meet this request, the company was preparing to open up to five new Ubensast mines at green fields sites.

Coal India produces most of the coal from Mines OpenCast, which is more polluted than underground mining, but Brasad insisted on it “in a sustainable way.” To diversify away from coal before 2070, the company invests in solar and wind energy projects.

India has opened the commercial coal mining for the private sector in only 2018 Special blocs, including the strong Adani group, now possess and operate mines, but on a small scale compared to the charcoal India.

“India will extract coal in the coming decades, and coal India is the only company that can do so on a large scale,” said Rohit Chandra, coal expert at the Indian Institute of Technology in Delhi.