Coal minister G. Kishan Reddy said the environment ministry has now exempted pilot underground coal gasification projects from environmental clearance, ensuring faster implementation
The Indian government wants the private sector to take up underground coal gasification to reduce the carbon footprint of the coal sector, which is also a step towards the country achieving net zero emissions by 2070.
The move is likely to translate into a reduction of around Rs 12 paisa per unit in their cost of electricity supply as coal-based capacity accounts for nearly 70% of total generation at an all-India level, according to ICRA Ltd.
The GST council will also look at reducing the tax on solar panels and windmill components from 12% to 5%
Operating thermal power plants at low capacity to allow higher injection of renewable energy into the grid during the day is expensive and leads to higher per unit cost of coal-fired electricity
The government’s department of revenue intelligence, or DRI, is conducting the probe, coal minister said in a written reply, without elaborating
The exemptions aim to support NLCIL’s target of developing 10.11 GW of renewable energy capacity by 2030 and taking it to 32 GW by 2047
Justifying its reversal of the mandate, the environment ministry said current exposure levels provide no credible evidence to suggest that sulphur dioxide (SO₂), under prevailing ambient conditions, is a major public health concern.
The expert appraisal committee (EAC) of the environment ministry, however, rejected projects of NTPC Ltd, Jindal Power and JSW Energy.
Power plants are well equipped with coal for the monsoon months, according to ministry officials.
The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.
Just a decade ago, water flowed every other day, according to the local government and residents of Solapur, some 400 km inland from Mumbai.
India looks set to reach its 2030 target of 50% non-fossil generation capacity ahead of schedule. There has been a surge in investment in renewables, led by solar PV, IEA has said in a report
The lower coal import for FY25 has also resulted in foreign exchange savings of approximately $7.93 billion or Rs 60,681.67 crore for the fiscal.
Coal and roads outperform targets, while Railways lags with over 81 percent shortfall. NITI Aayog is revamping its approach for the second NMP (2025–30) with a Rs 10 lakh crore target.
The government expects Rs 6.67 lakh crore investment in thermal power by FY32 as firms rush to meet rising demand.
The revised policy will offer an opportunity to a number of private companies who have won commercial and captive coal mines in the government's auctions to set up thermal power plants in the future.
Production from captive and commercial mines in April stood at 14.51 MT, a 26.6 percent rise from 11.46 MT seen in April 2024.
The country's power demand hit a record high of 238 GW in February, with peak demand likely to touch 270 GW in the summer
NTPC’s new fuel sourcing strategy is a shift to a more market-driven approach and could be emulated by state and private companies to mitigate risks of supply chain disruptions
In FY25, the company awarded works totalling 8 GW of thermal capacity and it plans to award a similar quantum in FY26. A senior NTPC executive said thermal power plants are in a good position this year to meet the summer demand as coal stocks are adequate.
She added that the barometer of better logistics is the fact that coal imports by domestic power plants have gone down by 30 percent.
Under round 12, a total of 25 coal mines are being offered, comprising 7 mines under Coal Mines (Special Provisions) Act, 2015 and 18 mines under Mines and Minerals (Development and Regulation) Act, 1957.
Coal stocks at domestic thermal power plants (TPPs) – a key indicator proportionate to India’s potential to generate electricity - is currently at a historic high of 54 million tonne (MT), according to Power Ministry.
This is the longest such streak since February 2022, when imports declined for eight consecutive months