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Coal India to Spend $8 Billion on Coal-Fired Plants Near Mines.

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  • Additional Information
    • Subject Terms:
      Coal India Ltd.; Clean energy; Fossil fuels; Mine closures; Electric power consumption; Heat capacity; Miners
    • Abstract:
      Coal India Ltd. plans to invest $8 billion in building coal-fired power plants near its mines, indicating that India's growing economy will continue to rely on fossil fuels for the foreseeable future. The state-owned company has already received approval for 4.7 gigawatts of generation, with most of the facilities to be located in the state of Odisha. An additional 2 gigawatts are currently under discussion. While India aims to achieve net zero emissions by 2070, critics argue that the government should be doing more to decarbonize the power system. [Extracted from the article]
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