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CIL's Renewables Unlikely to Surpass Coal as Major Source for Power Generation - Mr Jha

Coal News - Published on Fri, 23 Aug 2019

Image Source: Odisha Diary
PTI, citing Coal India Chairman Mr Anil Kumar Jha, reported that renewables are unlikely to surpass coal as the major source for power generation in the near future and asserted that India's energy migration scenario will be different compared to many other countries. State-owned Coal India accounts for nearly 83 per cent of the country's coal production. The question is can renewables take over coal completely in our country? Not in the near future at least. It would not be an exaggeration to state that CIL is synonymous with India's energy scenario.

Mr Jha remarks also come against the backdrop of increasing focus on renewable energy sources for generation of power in different parts of the world. Jha said the energy migration scenario in India would be "different", compared to many other countries which have been switching to renewable sources.

He said that nine mining projects having a total capacity of 69.88 million tonnes per year have been sanctioned and the estimated cost is INR 9,093 crore.

Besides, two rail projects with an outlay of INR 6,656 crore have been approved. For the first time, Coal India had breached the 600 million tonnes-mark in production as well as off-take of coal. The miner produced 606.89 million tonnes of coal and supplied 608.14 million tonnes of the dry fuel, representing growth of 6.97 per cent and 4.8 per cent, respectively, compared to the previous fiscal.

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Posted By : Sanju Moirangthem on Fri, 23 Aug 2019
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