Tuesday, October 7, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

India to stop thermal coal imports in 2023-24

Fiinews by Fiinews
February 19, 2020
in Investment, Manufacturing, Power
Reading Time: 2 mins read
A A
0
PIB.

Minister of Coal and Mines Pralhad Joshi at brainstorming session. Pic: PIB.

0
SHARES
11
VIEWS
LinkedinShare on Twitter

Idea mooted: Pit-head thermal plant

Thermal coal import will stop from Financial Year 2023-24 while a pithead thermal plant idea has been mooted at local mines, said Minister of Coal and Mines Pralhad Joshi.

He spoke at the “Chintan Shivir”, a two-day brainstorming session organized to find a way forward for the coal sector. It as held at Kevadia in Gujarat on 17-18 Feb 2020.

“The Shivir has engaged the participants in contemplating and deliberating to think out of the box to overcome various bottlenecks and provide innovative solutions to the Indian coal sector,” Pralhad Joshi said while interacting with the media on the sidelines of the Shivir.

Highlighting key takeaways of the Shivir, the Minister said that various ways and means were discussed with key stakeholders to achieve one billion tonnes (BT) coal production target by Coal India Limited (CIL) by Financial Year 2023-24.

The Coal Ministry will coordinate with Indian Railways and Shipping Ministry and enable CIL, Captive and Commercial Miners evacuate more coal by 2030.

Stressing upon the diversification in the Indian Coal sector, the Minister said that ideas have also been mooted that CIL could think of coming up with the state-of-the-art pithead thermal power plants to transform it into an integrated energy company.

It was also proposed that CIL could generate 5 GW of solar power by FY 2023-24 and diversify into coal gasification with a target of 50 million tonnes 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 could be implemented.

The Minister further stated that drilling agencies like Central Mine Planning and Design Institute (CMPDI) and Geological Survey of India (GSI) should benchmark their operations to global standards by digitizing their databases. He added that it will enable better utilization in years to come.

During the two-day Shivir, strategies were evolved for sustainable mining, environmental conservation, use of clean coal technologies and for extending helping hand to all stakeholders in and around coal mining areas to coexist in a mutually sustainable manner. fiinews.com

ShareTweetShare

Related Posts

PIB
Manufacturing

Manufacturing: Shah inaugurates CBG-Potash unit

by Fiinews
October 7, 2025
0
12

NCDC to support CBG-Potash plants at 15 mills Home Minister and Minister of Cooperation Amit Shah said the newly inaugurated...

SBF
Investment

Invest: SBF to be ASEAN gateway for India

by Fiinews
October 6, 2025
0
21

SEC will unlock opportunities for Singapore-India businesses The Singapore Business Federation (SBF), representing more than 32,000 companies as well as...

SIA Engineering

Invest: India-Singapore partnership reaffirmed

October 6, 2025
29
Alorica logo blue.intranet

Invest: Alorica created 1,500 jobs in Bangalore

October 5, 2025
16
Veranda

Invest: SNVA to acquire Veranda of Chennai

October 3, 2025
16
OKI

Manufacturing: World to get OKI’s India-made ATMs

October 1, 2025
19
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: NX aims for Y60bn sales from India
  • Market: Bengaluru to advance Saviynt’s R&D
  • Market: Netsmart strengthen capabilities in India
  • Project: Canada-India energy partnership call renewed
  • Tech: CFOs seek insight into real-time data

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.