Over the following ten years, CIL plans to invest $54.5 billion in projects involving abated coal.

Speaking on the necessity of implementing abated coal solutions for the energy transition, Michelle Manook, Chief Executive Officer of the World Coal Association, which has since been renamed FutureCoal, said that Coal India Ltd. will invest around $54.5 billion in abated coal projects over the next ten years. The coalition believes that coal is essential…

Read More

Domestic power consumption is expected to increase by 7% in FY24, according to Fitch

According to Fitch Ratings, strong industrial activity would likely fuel a 7% annual increase in domestic power demand in 2023–2024. The rating agency stated in a report that it anticipates a further shortening of the receivable days (or payment cycle) in the near future. Based on strong industrial activity, Fitch Ratings projects that India’s electricity…

Read More