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As renewables replace coal, India's Viksit Bharat target faces energy test

Changes in energy mix will majorly impact the growth in coal demand, mining activity, and associated employment

Engineering conglomerate Larsen & Toubro (L&T) on Tuesday informed the exchanges that it has received a ‘limited notice to proceed’ (LNTP) from NTPC for setting up thermal power plants worth over Rs 15,000 crore.
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Rising electricity demand driven by India's goal to become a developed country will prevent a decline in absolute coal consumption by 2047, a new analysis finds

Anvesha AdhikariNavyaAnjali GoyalDr Anandajit GoswamiRakesh Kacker

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India aims to be a developed country (Viksit Bharat) by 2047 and achieve its net zero emissions goal by 2070. A $30-trillion economy in 2047 on a net-zero pathway to 2070 implies rising demand for electricity, with significant increase in the share of renewable energy in the electricity generation mix and reduced coal dependence. 
The current share of steam-based electricity is more than 70 per cent in the generation mix. Currently, 75 per cent of India’s domestic coal and a significant share of imported coal is consumed by thermal power plants. ACPET, through its empirical-based regression framework backed by artificial
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