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I remember that during the previous regime India imported a significant portion of the coal consumed despite having one of the largest deposits of coal in the w
by newyankee 11y ago
I remember that during the previous regime India imported a significant portion of the coal consumed despite having one of the largest deposits of coal in the world. The coal mines are probably one of the biggest corrupt sectors in India but a great deal of changes have taken place recently which has given a fillip to local production.
A lot of Indian thermal power plants ran severely under capacity a few years back and that is changing now. India needs a rapid scale up of energy capacity and needs all the Coal, Solar and Nuclear energy it can get. I am really bullish on the first two (Coal for about a decade or so, can taper off later). I really hope our Nuclear capacity expands fast as well, it is the only environmentally friendly option we have for our size.