Coal India plans $8 billion investment in coal-fired power near mines, despite India's 2070 net-zero plan.

Coal India Ltd. will invest $8 billion to build coal-fired power plants near its mines, highlighting India's ongoing dependence on fossil fuels despite plans for net-zero emissions by 2070. The company has approval for 4.7 gigawatts of generation capacity over the next six to seven years, primarily in Odisha, with an additional 2 gigawatts under consideration. Critics urge a faster shift to cleaner energy amid concerns over coal's environmental impact.

September 10, 2024
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