Fast depleting coal reserves could push up energy prices, cautions expert
The fast depletion of coal, a strategic resource and India’s fuel of choice currently, has huge implications for energy costs, according to K Sivadasan, a sectoral expert.
Projection of huge reserves will only encourage industries to use large quantities, resulting in accelerated depletion of the fossil fuel, says the former top official of the Kerala State Electricity Board.
BETTER DATA NEEDED
As much as 64 per cent of coal is used for power generation, while the rest is used for other purposes, Sivadasan said quoting statistics.
