• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»India’s Coal Phasedown Needs a Balanced Socio-economic Framework
Finance

India’s Coal Phasedown Needs a Balanced Socio-economic Framework

April 15, 2025No Comments6 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Sri Lanka’s New President Is More a Pragmatist Than a Marxist
Share
Facebook Twitter LinkedIn Pinterest Email

India still relies on the labor-intensive coal sector and coal-based thermal power plants to meet most of its electricity demand for sustaining its economic growth. In 2023-24, 997.826 million tonnes of raw coal was mined in India. Out of 973 MT dispatched raw coal, 859.336 MT went to the power sector alone.

Understanding likely scenarios of peak coal demand and how the coal phasedown will be paced is important for the future of labour engaged directly and indirectly in the coal economy.

The 2023-24 electricity generation target was fixed at 1750 billion units, of which 1324 BU is expected to come from coal-based thermal power plants. Projection for electricity demand is likely to be 1907.8 BU for 2026-27 and 2473.7 BU for 2031-32, with steady growth in the coming decades.

While the power sector remains the major consumer and driver of coal demand, renewable energy sources will increasingly play a bigger role in electricity generation, impacting future coal demand and associated labour demand for the economy.

Millions of workers are engaged directly in coal mining, transportation and associated industries. Over 69 percent of all mines are open cast mines, where at least 25 percent of the total workforce is directly employed. With the projected coal phasedown, a large number of workers may lose their livelihoods over the coming decades.

Challenges to Change in the Energy Mix

Despite India’s energy transition gaining momentum with installed capacity of renewables across states at 203 GW in October 2024, the power sector remains reliant on thermal power, particularly coal-based generation. The intermittent availability of solar and wind and lack of large-scale battery storage solutions prevent them from fully replacing traditional power sources such as thermal power.

See also  Blinken Asks For China’s And India’s Help To Stop Russian Nuclear Space Weapon: REPORT

Coal-based generation dominates the energy mix, ensuring grid stability and reliability for its consistent and controllable power output. Other thermal sources such as gas and diesel-based power plants contribute only a marginal share to overall electricity generation. This dependence on coal-fired power plants underscores their critical role in meeting India’s growing energy demand.

Given the current infrastructure, policy landscape and energy demand projections, coal-based electricity generation is expected to continue as the dominant power source for at least the next decade, even as states push for greater renewable energy integration.

Rising climate commitments, stringent policies and declining cost of renewables suggest investors are hesitant to fund new coal exploration projects despite the recent global shift towards coal- and fossil-fuel based production. With India’s push for a clean energy transition, coal may become a less attractive investment, making way for renewable energy sources to take centre stage in the distant future.

Ensuring a stable, uninterrupted power supply will require significant advancements in energy storage, grid modernisation and flexible generation technologies to support this transition.

More clarity is required on the future trajectory of renewable energy and alternate sources like nuclear, along with the gestation period for commissioning before a market signal for a complete transition away from coal. This transition must also be balanced by concomitant social safety nets such as compensation packages, reskilling and rehabilitation programmes, addressing workers’ rights through the National Commission for Enterprises in the Unorganised Sector, labour regulations, job security, minimum wage guarantee—to maintain the equity goals of developing countries.

Impact on Employment Generation

The burden of phasing down coal as part of India’s decarbonization pathway will fall primarily on semi-skilled and unskilled workers. The renewable energy sector does not offer the same level of employment as coal. Coal mining requires a vast workforce for extraction, processing and logistics while renewables, particularly solar and wind, rely on technology, automation and intermittent maintenance, with lower employment opportunities post-installation.

See also  India’s Success Is Based on the Strength of Its Private Sector and Massive Workforce

Given the rise in coal production alongside decline in employment, macroeconomic research conducted at Ashoka Centre for a People-Centric Energy Transition (ACPET) shows that output per worker in the coal sector has increased exponentially over the past 44 years. This can be attributed to more efficient and advanced mining technologies, AI-driven resource optimisation and mechanised mining which enhance productivity while reducing labour intensity. As mining operations become more digitised, this trend of higher productivity with a smaller workforce will continue, increasing the likelihood of future job losses in the coal sector (see below).

A majority of rise in productivity (as seen above) is matched by drop in labour intensity of production (see below) proxied by daily employment of the sector.

Made with Flourish

ACPET Estimates

ACPET’s research highlights how various macroeconomic sectors and households are impacted by this drop in labour intensity of coal production. This leads to an envisaged net welfare loss of the economy — the net value of job loss created by one unit of coal production phasedown against net welfare gain, the net value of job creation enabled from one unit of renewable energy production— arising from a future coal phasedown in the absence of social safety nets, reskilling and rehabilitation measures.

With more physical capital being used for each unit of coal production, output per worker is increasing, leading to a decline in overall employment within the sector. Within mining conglomerates, miners who constitute the highest proportion of employment in the coal sector are the most vulnerable to this transition because they have the lowest skill profile, far below managers and professional technicians, power plant employees, administrative and repair staff.

See also  India's Modi, Confronted on Religious Persecution Next to Biden, Claims to Be 'Really Surprised'

If left unaddressed, the phasedown may lead to labor displacement from the organised sector, job displacement, regional economic distress and increased inequalities, particularly in coal-dependent communities.

An Untapped Opportunity

The renewable energy sector holds significant potential for job creation. However, transitioning the workforce from the coal sector will require massive reskilling and structural economic changes.

Coal sector jobs are often region-specific and labor intensive, making direct absorption into the renewable energy sector challenging. While roles in solar and wind energy are growing, they may not align with the technical skills and experience of coal workers. Alternative job opportunities will not only depend on reskilling the workforce but also the development of new economic activities to repurpose the existing skill pool and prevent welfare losses to the economy.

Timely and appropriate policy intervention can address this welfare loss, which will need some time to realise the potential of green job creation towards employment and minimise the socio-economic impact of energy transition. The Skill India Mission and skilling programmes of the central and state governments can be leveraged to make the youth in the coal economy ready for the renewable energy sector and use the gradual phasedown of coal as an opportunity for a people-centric just energy transition.

At the current state, the coal phasedown and its subsequent substitution by the renewable energy sector will have to be delayed a little further beyond 2040 to reduce the potential macroeconomic welfare losses that might emerge from an immediate phasedown.

Originally published under Creative Commons by 360info™.

Balanced coal Framework Indias Phasedown SocioEconomic
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026

Building A Balanced Lifestyle While Working Full Time 

September 19, 2025

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

$120 Million Ghost Ship That A Caribbean Nation Is Desperate To Unload

May 19, 2023

This Health AI Startup Aims To Keep Doctors Up To Date On New Research

July 30, 2023

Biden Deploys Ready Reserve Forces to Address Drug Trafficking at the Border – Democrats Silent

May 1, 2023

Appeals Court Upholds Block On Idaho Law Banning Biological Men From Competing In Women’s Sports

August 17, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

India’s Trade Liberalization Era Seems to Have Ended

August 9, 2023

Land Acknowledgments Seem to Exist for Native Americans, But Not Jews in Israel

October 14, 2023

Joe Biden’s German Shepherd Bites Again, Marks 11th Incident

September 27, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.