India Unveils Coal Logistics Plan and Policy

Santhosh Kumar 01/03/2024
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India Unveils Coal Logistics Plan and Policy mind map Recent News India unveils Coal Logistics Plan and Policy Aiming for efficient, sustainable logistics for coal movement When Action Plan for FY 2023-24 released Why To achieve Aatmanirbhar Bharat Enhance coal production, efficiency, sustainability New technologies adoption Environmental protection Resource conservation What Coal Ministry Action Plan 2023-24 targets 1012 Million Tonne Coal Production Coking Coal Strategy Reduce imports Quality of Coal Supply of quality coal Private Investment CAPEX and Asset Monetization Rs 21030 Crores target for FY 2023-24 Commercial Mining Allocating 25 new mines for commercial mining Infrastructure Projects PM Gatishakti National Master Plan Coal Evacuation FMC & Railway Lines Safety in Mines Commitment to safety standards Scientific closure of Mines Restore ecological balance Technology Push to Coal Technology roadmap Coal to Chemical initiatives Diversification of Coal India Limited (CIL) Sustainability in Coal Sector Promoting sustainable development model Where India Who Ministry of Coal Coal India Limited (CIL) NLC India Limited (NLCIL) Singareni Collieries Company Limited (SCCL) How Adopting Coal Logistics Policy/Plan For effective, environmental friendly transport Outsourcing of Mines To increase coal production and efficiency PM Gatishakti National Master Plan For critical coal evacuation projects Commercial Mining agreements For 23 coal mines Significance Enhanced coal availability Reduced imports Improved coal quality Increased private investment Infrastructure development Safety in mines Adoption of new technologies Sustainability focus Employment generation Challenges Implementation challenges Adapting to new technologies Environmental concerns Way Forward Continued focus on sustainability Environmental protection Resource conservation Further diversification of CIL Adoption and adaptation to new technologies

The Coal Logistics Plan and Policy unveiled by India for FY 2023-24 is a comprehensive strategy aiming to enhance coal production, efficiency, and sustainability. It encompasses a wide range of initiatives including the adoption of new technologies, environmental protection, and resource conservation. The plan targets a significant increase in coal production with an emphasis on reducing imports through a coking coal strategy, improving coal quality, and promoting private investment in the sector. Infrastructure development, safety in mines, technological advancements, and sustainability are key focus areas. The initiative is expected to have a positive impact on India’s coal sector’s growth trajectory, ensuring a sustainable future while addressing the challenges of implementation and environmental concerns​​​​​​.

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