India’s coal producing capacity will increase to 1 billion tons by 2020

Focusing on the need to resolve environmental issues, India recently collaborated with other nations at the G-20 summit. The event was graced by the presence of Prime Minister Narendra Modi, who asserted that India will honor the climate deal in “letter and spirit”. He further highlighted the importance of developing nations to have enough room to grow. 

Mohit Aggarwal Aastha Group CMD, believes that the judicious use and responsible harnessing of natural resources, along with the support of sustainable infrastructure is imperative to making a difference and helping the nations to realize the clean energy vision.

It is believed that the strategic deployment of digital technologies can help in striking a balance between green and growth, resource and infrastructure and profits and people. Faster returns on investment for digital technologies are potent enough to act as a catalyst for mass deployment.

As a matter of fact, India’s focus on renewable energy target of 175 GW by 2022 necessitates a greater focus on digital technology for faster integration and managing the resultant intermittency in resource. According to a recent Accenture report, “IoT and digital technology is estimated to yield 12 to 15 percent to EIBITA in the mining sector. Currently industrial IoT entails integration of operations, remote monitoring, for safety and maintenance however one is yet to leverage predictive analytics.

Drones are being encouraged and set to help in volumetric analysis, lease boundary and thermal analysis, combining regulation requirements and environment management. With digitalization of the value chain, more accurate demand and delivery modelling, mechanisms like remote monitoring can help reclaim and recycle a significant quantity of the steel. The relatively faster payback time for digital technologies can help offset the high debt burden for a lot of companies in this space, marked by global volatilities and pricing cycles for commodities.”

India happens to one of the leading coal producing countries and the fourth largest coal importer. Mohit Aggarwal of Aastha Group predicts that its coal producing capacity will increase to about 1 billion tons by the year 2020. Clean coal technology seems to be feasible to meet India’s COP21 target.

Certainly, a lot can be achieved by focusing on clean coal production. It is likely to establish India as the natural resource champion sustainably.

Andrew s

Andrew has been in the online publishing industry. After receiving his degree in professional journalism from the Indian Institute of Journalism and New Media, he contributed to multiple websites as a freelance writer and feature editor. Mostly, Andrew tackles controversies and theories that lead to a specific conclusion that either debunk or justify a particular claim. Further, Andrew participates in social developments that aim to simplify every individual's way of life and fight for peace. He is the new Editor-in-Chief of Pressroom Today.

Share
Published by
Andrew s

Recent Posts

Geetika Mahandru on Brocode: Creating legendary ‘Bro Moments’ one bottle at a time

BroCode is more than just a name - it is a trailblazer in the Indian…

1 month ago

Jagmohan Garg’s Views on Why Gated Communities Are Becoming the Preferred Choice for Indian Homebuyers

"Gated communities are where security meets serenity, creating the perfect blend for modern living." - …

1 month ago

How to Grow Your Influence and Succeed in the Digital World

In today’s digital world, building influence is no longer just about having a presence; it’s…

2 months ago

Pavitra Pradip Walvekar: “AI Is No Longer the Future, but the Present” Amid Disruption in the Banking Industry

No industry has been left untouched by the revolutionising power of artificial intelligence. And the…

2 months ago

BlueNeba Technologies: Leading India’s Solar Power Revolution

With the rising demand for clean energy solutions, solar power has emerged as a game-changer…

3 months ago

The Story Behind Zardosi: A Tale of Timeless Craft

By Suparna Som "There is magic in every thread, a whisper of time, and the…

4 months ago