Thermal coal demand to increase to 1,500 million tonnes by 2040- India’s Coal Minister

Thermal coal demand to increase to 1,500 million tonnes by 2040- India’s Coal Minister

JUNE 6, 2022

tags: india

By Paul Homewood

You’ve heard it from the horse’s mouth!

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The demand for coal in India is set to jump to 1.5 billion tonnes by 2040, according to India’s coal minister. This is an increase of 50% from the current demand of 1 billion tonnes

The thermal coal requirement in India will go up to 1,500 million tonnes (MT) even as the country’s energy demand is set to double by 2040, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi has said.

He was speaking after inaugurating the renovated Registered Office of NLC India Ltd. (NLCIL) in Chennai through virtual mode from Neyveli on Saturday.

Mr. Joshi stressed the importance of coal in India’s energy security today and said that the country had a balanced energy mix and this was helping it move steadily towards its energy-environmental goals. The expected electricity generation by 2040 would be approximately 3,000 billion units and the energy demand would double by 2040.

“To cater to this requirement, thermal coal demand would increase to 1,500 million tonnes. However, we will also have to be conscious about the environment and keep in mind our sustainable mining goals. Though we are doing our best to balance our dependence on coal and lignite with development of renewables, our transition to renewables will mostly be gradual,” he said.

The Minister also lauded NLCIL’s efforts towards mining lignite and generating power.

This is consistent with my previous projections which show that even the ambitious targets for renewable energy cannot get anywhere near keeping up with the relentless increase in demand for power.

For instance, my analysis in February, here, suggested that India’s emissions would be 50% higher in 2040.

There are of course vague promises to cut emissions thereafter, but these should be treated with a large pinch of salt.

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