DOMESTIC COAL Coal demand in India to surge by 63% in 2030, says Union minister Coal demand is set to peak by 63% by the year 2030. The draft Economic Survey 2021-22 projects coal demand in the range of 1.3-1.5 billion tonnes by 2030. The demand for the nonrenewable energy source is yet to peak in India. Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi said in a written reply in Lok Sabha said that in India, transition away from coal is not happening in foreseeable future. Although there will be push for renewable/nonfossil based energy, but share of coal in the energy basket is going to remain significant in years ahead. Joshi in his reply also assured that currently
18 | CCAI Monthly Newsletter March 2022
there is no scenario of transitioning away from coal affecting any stakeholders involved in coal mining. The union minister also informed that the Ministry of Coal had constituted a SubCommittee to look into holistic closure of abandoned/legacy mine sites and mines closing due to exhaustion of reserves, viability issues etc., and invoving social aspects of mine closure on principles of just transition in addition to physical and environmental closure.
India's Coal Demand is expected between 1.3 to 1.5 BT by 2030 Due consultations were held for finalizing India's approach for negotiations at COP 21 and prior to signing the Paris Agreement. As per Economic Survey, the demand for coal is expected to remain in the range of 1.3 to 1.5 billion tonnes by 2030, said Union Minister of Coal, Mines Shri Pralhad Joshi said in Lok Sabha. He further mentioned, Coal is the most
