Coal India organises workshop on Reform of Coal Mine closure
Shri Vinay Ranjan, Director P&IR, while speaking at the event, said that coal is going to stay for the next two to three decades and that Just transition is imperative in the years to come.
Kolkata: A workshop on “Reform of Coal Mine closure to support Just Transition & sustainable development in Coal mining Regions” was organized at Coal India Hq. in Kolkata.
Shri P.M. Prasad, Chairman, Coal India Ltd., while delivering the key note address, said that coal has not only been fuelling the country’s power and industrial sector, but it has also become an integral part of the livelihood of the people living around the coal mining areas. For most of these people, a life without coal is difficult to cope with.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYHe stated that ‘Just’ transition is a developmental intervention that is fair and equitable to ensure affected communities are not left behind in the transition process.
He said that Coal India as a responsible corporate citizen, focusses on the well-being of society and stressed the need for training people, creating diversified livelihood and developing rural enterprises for alternative revenue streams.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsShri Vinay Ranjan, Director P&IR, while speaking at the event, said that coal is going to stay for the next two to three decades and that Just transition is imperative in the years to come. He urged that the mine closure plan should be all encompassing and that the community should be looked after and rehabilitated with alternative means of livelihood.
Dr. B. Veera Reddy, Director (Technical), CIL/Addl Charge CMD CCL, addressed the workshop virtually and stated that coal is going to continue as a primary source of energy to meet the growing development needs of India due to the availability of substantial indigenous reserves.
He underlined the importance of envisioning Just Transition as a developmental programme rather than simply a replacement for the coal sector, and he underscored the importance of developing a uniform country-wide comprehensive coal mine closure framework based on Just Transition principles.
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