New Delhi: In the next 30 years, India will require more than a trillion dollars, or 84 lakh crore at current rates, to transition away from coal mining and thermal power plants, estimates a first-of-its-kind study by environmental think-tank Forest. These costs will largely be required to close mines which produce 1,315 million tonnes per annum of coal cumulatively and to phase out coal-based thermal power plants which have a capacity of 237.2 gigawatts, said the new study.
The energy transition estimate did not include the investment cost of setting up new green energy plants and infrastructure, which alone is estimated to be in trillions of dollars. It also excluded costs of transitioning for industries such as steel and cement that use coal directly.
Bhubaneswar: Union Minister of Education Dharmendra Pradhan on Tuesday announced establishment of three AI Centres…
Berhampur: Excise officials seized a large quantity of spurious country liquor and arrested two persons…
New Delhi: The security at Bollywood superstar Salman Khan’s Galaxy Apartments in Bandra has been…
Sambalpur: Excise officials seized huge quantity of silver ornaments from a car from Maharashtra in…
New Delhi: Shah Rukh Khan’s iconic 1989 serial 'Fauji' is set to return with a…
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi will attend the oath-taking ceremony of new BJP…
Bhubaneswar: A family had a narrow escape as the car in which they were travelling…
New Delhi: Amid the Canada-India showdown, it turns out that Pakistan played a role in…