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India Needs 1.3 to 1.5 Billion Tonnes of Coal by 2030

  Due consultations were held for finalizing India's approach for negotiations at COP 21 and prior to signing the Paris Agreement.   As per Economic Survey, the demand for coal is expected to remain in the range of 1.3-1.5 billion tonnes by 2030. Coal is the most important and abundant fossil fuel in India and accounts for 55% of the country's energy need. Commercial primary energy consumption in India has grown by about 700% in the last four decades. The current per capita commercial primary energy consumption in India is about 350 kgoe/year. Coal is not only the primary source of energy in the country but is also used as an intermediary by many industries such as steel, sponge iron, cement, paper, brick-kilns etc. Similarly, with increase in growth of industries using coal, their demand for coal has also been increasing; hence, there has been an overall increase in the demand of coal over the years. Being an affordable source of energy with substantial reserve, coal is going

Common Technology Development and Services Infrastructure

 Ministry of Heavy Industries (MHI) has notified the Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase-II for providing assistance to Common Technology Development and Services Infrastructure. The scheme has a financial outlay of Rs. 1207 crores with Budgetary support of Rs.975 crore and Industry Contribution of Rs.232 crore . The scheme was notified on 25th January, 2022.

The objective of Phase II of the Scheme for Enhancement of Competitiveness of the Capital Goods Sector is to expand and enlarge the impact created by Phase I pilot scheme, thereby providing greater impetus through creation of a strong and globally competitive capital goods sector that contributes at least 25% to the manufacturing sector.

 

There are six components under the Scheme for Enhancement of Capital Goods Sector Phase II, namely:

 

(i) Identification of Technologies through Technology Innovation Portals;

 

(ii) Setting up of four New Advanced Centres of Excellence and augmentation of Existing Centres of Excellence;

 

(iii) Promotion of skilling in Capital Goods Sector–creation of Qualification packages for skill levels 6 and above;

 

(iv) Setting up of four Common Engineering Facility Centres (CEFCs) and augmentation of existing CEFCs;

 

(v) Augmentation of Existing Testing and Certification Centres;

 

(vi) Setting up of ten Industry Accelerators for Technology Development

 

The detailed scheme guidelines along with the application forms are available at: https://heavyindustries.gov.in/writereaddata/UploadFile/Notification%20for%20Capital%20Goods%20%20Phase%20II%20.pdf

 

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