India’s Coal Minister, Pralhad Joshi, has urged domestic thermal power stations to transition away from imported coal and embrace domestic fuel-based design and technology. Joshi expressed confidence in the competitiveness of domestic coal, aiming for complete elimination of thermal coal imports by the fiscal year 2026.
The coal production targets set by the ministry for 2026-27 and 2029-30 are 1.4 billion tonnes and 1.58 billion tonnes, respectively, with a shorter-term goal of 1.01 billion tonnes by FY24. The comprehensive production plan encompasses the opening of new mines, capacity expansions, and increased production from captive and commercial mines, all contributing to the envisioned self-sufficiency.
To facilitate this transition, the railway ministry is actively working to ensure an ample supply of rakes for transportation. Addressing logistical challenges, the government is exploring dedicated corridors for coal transport, and Coal India is investing in infrastructure enhancements.
India, boasting a proven reserve of 361 billion metric tonnes of thermal coal, aims to leverage its resources as about 80 percent of domestically produced coal is utilised in thermal power plants. Currently, 15 imported coal-based power plants have been directed to operate at full capacity until June, aligning with increased power demand in the country.