Coal Demand Likely To Increase by 63 percent

Mar 23:In India, the transition away from coal is not happening in foreseeable future. Although there will be a push for renewable/non-fossil-based energy, the share of coal in the energy basket is going to remain significant in the years ahead. Coal demand in the country is yet to peak. The draft Economic Survey 2021-22 projects coal demand in the range of 1.3-1.5 billion tonnes by 2030, an increase of 63 percent from the current demand. Thus, as of now, there is no scenario of transition away from coal affecting any stakeholders involved in coal mining.

However, the Ministry of Coal has constituted a Sub-Committee to look into holistic closure of abandoned/legacy mine sites and mines closing due to exhaustion of reserves, viability issues, etc., and involving social aspects of mine closure on principles of just transition in addition to physical and environmental closure.

This information was given by the Union Minister of Coal, Mines, and Parliamentary Affairs Shri Pralhad Joshi in a written reply in  Lok Sabha today.


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