Central govt to end coal imports from FY24

It was also proposed that CIL could generate five GW solar power by 2023-24

Central government, Importing thermal coal, Coal India, Integrated energy company, Pit-head thermal power station, Coal gasification, Union Ministry of Coal, Indian Railways, Union Ministry of Shipping, CMPDI, GSI

The Central government has planned to stop importing thermal coal from FY24. The government intends to transform Coal India (CIL) into an integrated energy company by allowing it to set up pit-head thermal power station.

It was also proposed that CIL could generate five GW solar power by 2023-24 and could diversify into coal gasification with a target of 50 million tonne by 2030 enabling a sustainable energy mix for the country.

All these ideas will be deliberated, studied and examined for their feasibility in detail and based on that, they will be implemented.

The Union Ministry of Coal will coordinate with the Indian Railways and the Union Ministry of Shipping and enable CIL, captive and commercial miners evacuate more coal by 2030. Drilling agencies like CMPDI and GSI should benchmark their operations to global standards by digitalising their databases.

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Sept 2020
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