The country will stop importing coal to run power plants from FY24, Union coal minister Pralhad Joshi said Tuesday. At the end of a brainstorming session on the coal sector, the minister said that keeping in mind the transition in energy mix, ideas were mooted to transform Coal India (CIL) into an integrated energy company which would allow the state-run coal miner install power plants near its mines.
“It was also proposed that CIL could generate 5 giga-watt (GW) of solar power by FY24 and could diversify into coal gasification with a target of 50 MT by 2030,” Joshi added.
