The government is targeting a thermal capacity of 307 GW by 2034–35. The power ministry is targeting a minimum addition of 97 GW in coal and lignite-based capacity to meet soaring demand
India’s thermal share set to fall below 70% as demand cools, renewables surge.
The state-run coal producing major has lined up two other subsidiaries, Mahanadi Coalfields and South Eastern Coalfields, for disinvestment in FY27. The company plans to list all its subsidiaries by 2030
In 2024, the government had announced an outlay of Rs 8,500 crore for promoting coal and lignite gasification
PSU IPO: Bharat Coking Coal's public issue got subscribed over 6x by the mid-afternoon on day 1 of the bidding. The strong response shows expectations of value unlocking for Coal India Ltd's from the listing.
PSU IPO: Bharat Coking Coal's initial public offering was fully subscribed within first half an hour of opening on day 1 of the bidding. The Rs 1,071.11-crore public issue is entirely an offer for sale of 46.57 crore equity shares by promoter Coal India, priced in a band of Rs 21-23 per share.
Even hybrid renewable projects that combine solar, wind and battery storage-offering power at Rs 5 per unit or lower-are struggling to attract buyers.
Coal demand and production in India are expected to grow faster than major countries
Softer input costs are the silver lining that can support profit margins
Amid worsening climate pressures, 2025 delivered quiet wins from surging renewables to returning wildlife, landmark legal shifts and indigenous gains, showing unexpected progress that often escaped headlines worldwide this year.
Removal of end-use restrictions will help expand potential market for domestic coal and substitute imports, amid moderating demand for coal
New CoalSETU window opens long-term coal linkages for industries and exporters as India eyes regional markets.
The Standing Committee on Coal, Mines and Steel has recommended overhaul of clearance framework as forest approvals stretch up to 34 months
Tata Power reported a marginal decline in its consolidated net profit for the second quarter of FY26, coming in at Rs 919.4 crore, down 0.7 percent year-on-year from Rs 926.5 crore. CEO Praveer Sinha attributed this to heavy monsoon across India which dampened electricity demand.
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.