India News: Coal and lignite production hit the billion tonne-mark on Friday rising almost 7% from the last fiscal year with coal minister Pralhad Joshi cred
Union Minister of Coal, Mines and Parliamentary Affairs , Shri Pralhad Joshi said that since India’s per capita electricity consumption is likely to double by 2030, energy security of the nation needs to be further reinforced by focusing on coal production and off take. The Minister was addressing the Consultative Committee Meeting of the Ministry…
The reverse trend, where domestic coal based power plants are using more imported coal than ICB plants, is due to a government policy aimed at ensuring continuous electricity generation to meet the rising demand.
In a major policy decision, the Union Cabinet on Saturday approved offering of coal by coal companies through a common e-auction window instead of sector specific auctions.