India to increase coal power portfolio by 25% by 2030
India, the world’s third largest producer of carbon emissions, plans to increase its coal power plant portfolio by 25 percent by the end of 2030 to meet rising demand until energy costs fall. India plans to increase its coal power plant portfolio by 25 percent by 2030 due to rising demand. Energy Minister Raj Kumar Singh announced in an interview that India will increase its coal power plant capacity by 56 gigawatts if energy costs do not fall significantly. The minister said that they will not refrain from importing coal to avoid any problems with domestic demand. This plan shows that energy security is ahead of climate change targets in countries seeking to overcome the energy crisis. India is also postponing its plan to close old coal power plants due to rising energy demand due to record temperatures this year. Singh said that the ministry is progressing towards its goal of increasing its renewable energy generation capacity to 500 gigawatts by 2030, in line with Prime Minister Narendra Modi’s goal of reaching net zero emissions by 2070.