India Targets Major Surge in Coal Capacity by 2024
COAL & MINING

India Targets Major Surge in Coal Capacity by 2024

India is set to witness a substantial boost in coal-fired capacity by 2024, according to recent reports. The planned expansion, the largest in at least six years, involves the addition of approximately 56 GW of coal-fired power generation. This surge includes both projects currently under construction and those in the planning stages.

The move to increase coal-fired capacity is driven by the growing demand for energy in the country, aiming to address power supply challenges and meet the needs of a rapidly expanding economy. The proposed projects, totaling 56 GW, surpass the existing 26.4 GW currently under construction.

While the global trend leans towards renewable energy sources, India's decision to bolster coal-fired capacity reflects the nation's ongoing reliance on conventional sources to meet its energy demands. This development comes amid a broader discourse on the balance between economic growth and environmental sustainability.

The planned expansion underscores India's commitment to ensuring a stable and sufficient power supply to support its burgeoning industries and the rising energy needs of its population. However, it also raises discussions about the environmental impact and the potential challenges in achieving a more sustainable energy mix. The coming years will likely witness continued scrutiny and debate over India's energy policies as it navigates the complexities of economic development and environmental considerations.

India is set to witness a substantial boost in coal-fired capacity by 2024, according to recent reports. The planned expansion, the largest in at least six years, involves the addition of approximately 56 GW of coal-fired power generation. This surge includes both projects currently under construction and those in the planning stages. The move to increase coal-fired capacity is driven by the growing demand for energy in the country, aiming to address power supply challenges and meet the needs of a rapidly expanding economy. The proposed projects, totaling 56 GW, surpass the existing 26.4 GW currently under construction. While the global trend leans towards renewable energy sources, India's decision to bolster coal-fired capacity reflects the nation's ongoing reliance on conventional sources to meet its energy demands. This development comes amid a broader discourse on the balance between economic growth and environmental sustainability. The planned expansion underscores India's commitment to ensuring a stable and sufficient power supply to support its burgeoning industries and the rising energy needs of its population. However, it also raises discussions about the environmental impact and the potential challenges in achieving a more sustainable energy mix. The coming years will likely witness continued scrutiny and debate over India's energy policies as it navigates the complexities of economic development and environmental considerations.

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?