India’s coal ministry has asked state-run Coal India to diversify its interests to areas such as electric vehicles and charging stations, according to an agenda document on the ministry’s website.
“Coal India must diversify its business and must explore prospects in sunrise industries electric charging pods, electric vehicles etc,” the coal ministry said in a document titled “Ministry of Coal’s agenda for 2021-22”.
Coal India is the world’s largest coal mining company by production and accounts for over 80% of India’s output of the fuel.
India is the second-largest importer, consumer and producer of coal, and has the world’s fourth-largest reserves. It mainly imports from Indonesia, Australia and South Africa.
