Coal and lignite companies have planned to install additional 5,560 megawatt (MW) of renewable capacity in the country with an investment of over Rs 15,000 crore, the coal ministry on Thursday said.
The words were already there in the text of the climate conference in Glasgow, government officials say.
Coal not only remains crucial to their current energy needs but it looks set to have a role for decades to come
Change promoted by India commits to "phase down," rather than "phase out" coal power, the single biggest source of greenhouse gas emissions.
Beijing's raft of interventions underscored the extent - and some limitations - of its regulatory might, but the country still faces the daunting task of keeping the fuel cheap and abundant throug
Prime Minister Modi's announcement at Glasgow bring India's pledges for containing climate change in alignment with the international mainstream.
Coal dispatch to the power sector has increased by 27.13 per cent to 59.73 million tonnes (MT) in October, owing to a spurt in power demand amid unprecedented rise in import prices. The country's several thermal power plants were facing a crisis in the wake of low coal stock positions at their end. Coal supply to the power sector was 46.98 MT in October last year, according to government data. However, the supply of coal to the sponge iron sector last month declined by 29.2 per cent to 0.46 MT, over 0.65 MT in the corresponding month a year ago. The fuel dispatch to the cement sector dropped to 0.47 MT in October, over 0.68 MT in the year-ago period. In other sectors also, barring steel and cement, coal supply also declined to 4.19 MT last month, from over 6.71 MT in the year-ago period. Recently, union minister for coal Pralhad Joshi had asked Coal India Ltd (CIL) and its subsidiaries to make 'all out efforts' to ensure that at least 18 days of coal stock with thermal power plan
Spot power prices have tumbled in India as electricity shortfalls have been addressed
Indian Prime Minister Narendra Modi delighted delegates at the COP26 climate summit with his announcement that the third-biggest emitter would reach net-zero by 2070.
Tamil Nadu is among India's top renewable energy producers, it is also constructing the most number of coal-fired plants nationwide, according to London-based environmental think tank Carbon Tracker.
Nearly three-fifths of India's coal-fired capacities currently have coal inventories that would last three days or less, federal power ministry data shows.
The burning of coal represents the biggest single obstacle to meeting the Paris Agreement goal of limiting warming to 1.5C
Many units in this space expect capacity utilisation levels to drop drastically a few months down the line due to the crunch in the supply of the fossil fuel
The prioritisation of domestic coal supply to the power sector has to "some extent" hit Hindustan Zinc, a top official of the Vedanta group firm said
Since August, coal stock levels at thermal units have dwindled
Coal shortage at thermal power projects is still continuing as number of non-pit head projects having less than four days of coal (supercritical stock) rose to 61
High prices threaten India's goal to boost the use of gas in its energy mix as some industries are looking at switching back to coal and petcoke
India's coal import registered a decline of 2.7 per cent in August this year amid the power plants grappling with fuel shortages
Aluminium plants in the country are grappling with critically low level of coal stocks and if the fuel supply is not restored immediately it would lead to irrevocable collateral damage, industry body AAI warned on Friday. The statement comes at a time when the supply of coal by CIL to non-power sectors has been kept suspended temporarily amid electricity generating plants in the country facing fuel shortages. "Today also, aluminium industry has not received any relief with respect to the ongoing coal supply crisis. Indian aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational," Aluminium Association of India (AAI) said. It further warned that if coal supply is not restored immediately, it would lead to an irrevocable collateral damage of these national assets. "Any power outage in aluminium plants will lead to catastrophic impact & complete shutdown which will take ...
India is the world's second largest coal producer, with the world's fourth largest reserves