Coal India Ltd will invest around $54.5 billion in abated coal projects over the next decade, said Michelle Manook, Chief Executive Officer of the World Coal Association now renamed as FutureCoal while talking about the need for deployment of abated coal solutions for energy transition.
“There is still very much a foreseeable and significant future for coal that goes beyond traditional uses because any responsible energy transition must include abate coal as part of the solution,” Manook said while addressing the media at the re-branding of the World Coal Association as FutureCoal Global Alliance.