Coal India's operations aims to become net-zero in next 4 years
COAL & MINING

Coal India's operations aims to become net-zero in next 4 years

Coal India Limited (CIL) Chairman Pramod Agrawal told the media that it aims its operations to become net zero in the upcoming three to four years. Although, it does not extend to emissions from burning coal it manufactures.

Pramod Agrawal, Chairman CIL, told the media that renewable energy, cleaner transport, and greater internal energy efficiency are likely to contribute to the net-zero target of Coal India.

To generate electricity, coal is used since it is the most greenhouse gas in intensive fossil fuels and putting an end to its use is a key priority to meet goals to limit damaging climate change.

India has over 170 coal-fired power stations, collectively accounting for nearly the world's-biggest emitter of greenhouse gases after China and the United States.

The country has pledged to reach net-zero carbon emissions by 2070.

Agarwal said that coal users were larger contributors to rising carbon emissions than Coal India itself.

He said that to protect the environment, we need to use coal efficiently By 2030, India has committed to improving the share of renewables in its energy mix to 50% from about 38% last year.

Image Source

Also read: Coal India plans to complete 35 FMC projects by FY 2023-24

Coal India Limited (CIL) Chairman Pramod Agrawal told the media that it aims its operations to become net zero in the upcoming three to four years. Although, it does not extend to emissions from burning coal it manufactures. Pramod Agrawal, Chairman CIL, told the media that renewable energy, cleaner transport, and greater internal energy efficiency are likely to contribute to the net-zero target of Coal India. To generate electricity, coal is used since it is the most greenhouse gas in intensive fossil fuels and putting an end to its use is a key priority to meet goals to limit damaging climate change. India has over 170 coal-fired power stations, collectively accounting for nearly the world's-biggest emitter of greenhouse gases after China and the United States. The country has pledged to reach net-zero carbon emissions by 2070. Agarwal said that coal users were larger contributors to rising carbon emissions than Coal India itself. He said that to protect the environment, we need to use coal efficiently By 2030, India has committed to improving the share of renewables in its energy mix to 50% from about 38% last year. Image Source Also read: Coal India plans to complete 35 FMC projects by FY 2023-24

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?