It also aims to eliminate the transport of coal through roads during the period which is currently at 26%.
It further sees domestic coal production touching 2 billion tonne per annum starting 2047 with zero imports of coking or non-coking coal.
Launching the Coal Logistics Policy and Plan, coal minister Pralhad Joshi said, "The plan proposes a strategic shift towards a railway-based system in first mile connectivity projects, aiming for a 14% reduction in rail logistic costs and an annual cost saving of ₹21,000 crore." The government is aiming at 90% mechanised handling of coal by 2030. It will undertake 103 projects at a cost of ₹24,000 crore. It also plans to commission three rail projects by FY26.
This story is from the March 01, 2024 edition of Financial Express Mumbai.
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This story is from the March 01, 2024 edition of Financial Express Mumbai.
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