FY27 seeing ‘extremely high’ power demand; coal to remain central till 2047: CIL CMD B Sairam
Coal India chief B Sairam expects coal to remain central to India’s energy mix till 2047, even as the miner expands renewables, eyes exports and navigates rising input costs and private competition.
In the fiscal year 2027, power demand is expected to reach "extremely high" levels, according to a report by Coal India Ltd (CIL). Chairman and managing director B. Sairam indicated that coal will continue to play a central role in India's energy mix until 2047, regardless of the nation's ambitious objectives for energy transition. This assertion comes as industrialization, urbanization, and escalating power demand continue to fuel coal consumption.
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