India’s coal ministry aims to establish 30 gigawatts (GW) of power capacity through massive coal-based plants near coalfields in Chhattisgarh, Odisha, and Jharkhand. Joint ventures with government and private entities will facilitate construction, with state-owned coal companies holding stakes in the projects. Land acquisition near coal mines is underway, with plans to commence construction post-elections. The initiative aims to reduce coal transportation costs, doubling coal’s landed price at power plants due to transport expenses. With India’s growing power demand, the move aligns with national energy goals to enhance capacity, emphasizing both fossil and non-fossil-based sources, including Battery Energy Storage Systems, by 2031-32.
India Plans Massive Coal-Based Power Plants Near Mining Sites
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