Latest news with #NilenduKumarSingh
Time of India
17 hours ago
- Business
- Time of India
CCL targets 110 MT coal output in FY26, five coking coal washeries to become operational in 2-3 years
Ranchi: Central Coalfields Limited (CCL) is targeting coal production of 110 million tonnes (MT) in 2025–26 and 150 MT by 2030, while also planning to commission five coking coal washeries and expand its renewable energy capacity to 450 megawatts (MW) by the end of the decade, Chairman-cum-Managing Director Nilendu Kumar Singh said. CCL is developing five coking coal washeries — New Kathara (3 MTY), New Rajrappa (3 MTY), Dhori (3 MTY), Basantpur Tapin (4 MTY) and New Swang (1.5 MTY). These facilities are expected to be operational in the next two to three years. The company is also planning two additional First Mile Connectivity (FMC) projects at the Amrapali and Magadh mines to improve coal evacuation infrastructure . Singh said CCL has lined up a capital expenditure of ₹2,500 crore by 2026 to support its production and infrastructure expansion plans. In renewable energy, the company currently operates a 20 MW solar plant and aims to scale up its solar capacity to 450 MW by 2030. An integrated command centre to monitor mining operations is expected to be commissioned in July 2025. Singh said that technology integration and a shift towards green mining will play a key role in achieving the company's targets.
Time of India
3 days ago
- Business
- Time of India
India's power push: Nearly half of India's power capacity now non-fossil fuel-based; coal remains dominant
This is an AI-generated image, used for representational purposes only. India's installed power capacity has reached 476 GW as of June 2025, with nearly half, 49% or 235.7 GW, now sourced from non-fossil fuel options, according to a government explainer on energy and environment issued on Sunday. Of this, 226.9 GW comes from renewable energy and 8.8 GW from nuclear sources. Despite this strong push towards clean energy, thermal power, largely driven by coal, remains dominant, accounting for 240 GW or 50.52% of the total installed capacity. Coal alone contributes over 91% of all thermal-based energy, underscoring its vital role in meeting the country's growing electricity demand, reported news agency PTI. India's renewable energy sector has witnessed massive expansion, with installed solar capacity growing more than 39 times, from 2.82 GW in 2014 to 110.9 GW in 2025. Wind power stands at 51.3 GW. In total, installed renewable energy has tripled from 76.37 GW in March 2014 to 226.79 GW in June 2025, according to the ministry of new & renewable energy (MNRE). India currently ranks fourth globally in total renewable energy and wind power installed capacity, and third in solar power capacity. Solar PV manufacturing also saw a boom, with module capacity rising from 2.3 GW to 88 GW and cell capacity from 1.2 GW to 25 GW between 2014 and 2025. The government has set a target of 500 GW from non-fossil fuel sources by 2030, and projects under implementation already stand at 176.70 GW, with another 72.06 GW under bidding stages. Power shortages have been nearly eliminated, dropping from 4.2% in 2013–14 to just 0.1% in 2024–25. Simultaneously, per capita electricity consumption jumped 45.8% over the last decade to 1,395 kWh in 2023–24, reflecting improved access and rising energy demand. However, coal continues to receive strong policy and investment backing. Central Coalfields Ltd (CCL), a Coal India subsidiary, is planning to open two new coal mines in FY25 to boost output by 10–12 million tonnes, as per PTI. CMD Nilendu Kumar Singh said the firm is working towards a production target of 150 million tonnes by 2030, up from 87.5 million tonnes produced in FY25. CCL also plans four new washeries with a 14 million tonne capacity in the next 2–3 years to improve coal quality, especially for power and steel sectors. Currently, the company operates 35 open-cast and three underground mines in Jharkhand. As India balances the twin priorities of energy security and decarbonisation, the power sector's diversified base, ranging from solar and wind to coal and nuclear, positions the country as a key player in the global energy transition. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
