India will likely expand coal-fired power generation roughly 25% by the end of the decade, Bloomberg reported.
The country expects to add nearly 56 GW of coal power capacity unless there’s a substantial drop in the cost of storing electricity, Power Minister Raj Kumar Singh said. “India is also planning major investments in renewable energy, but power needs to remain available. India will not hesitate to import coal to meet any shortfalls in domestic supply.”
Singh also told Bloomberg that his ministry is also pursuing a goal announced last year by Prime Minister Narendra Modi to have 500 GW of clean power capacity by 2030 as the country seeks to reach net zero by 2070. Overall, India plans to nearly double its generation capacity from all sources to 820 GW by 2030, he said.