The current round of commercial coal block auctions is drawing a good response with India’s commitment to Net-Zero still about 50 years away.
Addressing the ‘Minerals, Mining and Metals e-Conclave’ organised by the Bengal Chamber of Commerce & Industry, Anil Kumar Jain, secretary, Ministry of Coal, said that COP26 brings some uncertainty particularly to developing countries because now the result is out.
But the silver lining in the cloud, Jain said, is that the Net-Zero year set by India is 2070, which is 50 years away.
“Fifty years now gives a lot of comfort and I am already noticing it,” said Jain pointing