By Nitya Nanda, and Saswata Chaudhury
The authors are Fellow and Associate Fellow, The Energy and Resources Institute, New Delhi. email@example.com
Abundant and cheap availability of domestic coal led India to follow a coal centric development path in the past. Given the current trends in production and consumption, India is expected to exhaust its coal reserves within the next four decades.
Coal is the second largest source of energy worldwide, after mineral oil. In India, more than 80 per cent of thermal power generated is coal based. As per most projections, this coal-centric energy structure may continue for at least the next couple of decades. India is a leading coal producer, consumer and importer. Indian coal consumption has increased from 411 million tonnes in 2001 to 793 million tonnes in 2013 and shows an increasing trend. In spite of increased domestic...