Skip to main content

India No 1 in world coal mining boom, thanks to Coal India, Adani Group: German NGO

By Rajiv Shah 

Urgewald, a German environment and human rights NGO, which claims to be working for establishing strong environmental and social standards for the international finance industry, has called India "the number one hotspot of the coal mining boom" in the world. It states this in a report "The 2023 Global Coal Exit List (GCEL): Failing the Phase-Out", prepared by Urgewald and more than 40 NGO partners, seeking to offer in-depth information on over 1,433 companies operating worldwide along the thermal coal value chain.
Stating that India's coal production "already reached a historic high of 893 million tons last year", the report, released a few weeks after the UN’s Climate Ambition Summit in New York, quotes the goal set by India’s Ministry of Coal and Mines, according to which, the country’s annual coal production would rise to 1.5 billion tons by 2030.
"To fulfill this plan, the government has auctioned off 92 new coal mining concessions since 2020; hundreds more are in the pipeline", says Urgewald in the report, which approvingly quotes Joe Athialy, director of the Centre for Financial Accountability, Delhi, as saying, “What is being auctioned off here are the traditional homelands of hundreds of thousands of India’s tribal people and forest areas that are incredibly rich in biodiversity and play a key role in maintaining water cycles. It’s absurd to pretend this immense destruction is in the national interest.”
Stating that of the top three coal mining developers, two are from India, the report says, "The world’s top three coal mine developers are Coal India with projects totaling 591 million tons of new coal production per year, China Energy Investment with 169 million tons and the Adani Group with 94 million tons."
It continues, "While the first two companies are state-owned, the Adani Group belongs to the billionaire Gautam Adani whose business has profited time and again from his close ties to the Modi government. Today, Adani is the world’s largest private coal mine developer."
The report adds, "The conglomerate owns coal mines in three countries, is a major trader and transporter of coal, operates a 16 GW coal plant fleet (with another 10 GW in the pipeline), and plans to build a huge US$ 4 billion coal-to- plastics facility in India. While one of the Adani Group’s 9 listed subsidiaries – Adani Green Energy – develops solar projects, the Group’s renewable investments are dwarfed by its enormous coal portfolio."
Claiming that there is "a pervasive pattern of intercompany lending, including transactions between Adani Green Energy and Group entities involved in coal expansion", about which controversial short-seller Hindenburg Research's 106-page report and subsequent investigations state, the report says, "Filings by the State Bank of India have shown that shares from Adani Green Energy and other Group subsidiaries were used as collateral in a credit facility for Adani’s enormous Carmichael coal mine in Australia."
“Adani is a stark example of why responsible investors need to divest all subsidiaries of coal developers. It’s an illusion to believe that investments in the green arm of a company aren’t cross-subsidizing its other activities,” comments Urgewald director Schuecking.
Profiting time and again from close ties with the Modi government, today, Adani is the world’s largest private coal mine developer
The report regrets, with over 7.2 billion tons, "the world’s thermal coal production reached an alltime high in 2022" with "new coal mines still on the horizon in 31 countries." It adds, "All in all, companies on the GCEL are planning to develop new thermal coal mining projects with a total capacity of 2.5 billion tons per year, an amount equal to over 35% of the world’s current production" -- with India all set to experience "coal mining boom", as its coal production having reached "a historic high of 893 million tons last year."
While releasing the the GCEL list, the report quotes Heffa Schuecking, director of Urgewald, says, “The overall picture that our data delivers is bleak. Out of the 1,433 companies on the GCEL, only 71 companies have announced coal exit dates. Meanwhile, 577 companies are still developing new coal assets."
According to the report, "Despite coal plant closures in some parts of the world, the global coal plant fleet has seen a net growth of 186 GW since the Paris Agreement was signed. To put this into perspective: 186 GW are more than the operating coal plant fleets of Germany, Japan, South Korea and Indonesia combined."
It continues, "According to the 2023 GCEL, companies are still planning to develop an additional 516 GW of new coal-fired capacity. If built, these projects would increase the world’s current installed coal-fired capacity by 25%."
According o the report, "Two-thirds of this new capacity is planned in China, which has been ramping up its coal power plans since 2022, when drought diminished the country’s hydropower output and record-breaking heat waves caused electricity demand to skyrocket."
It adds, "Out of the 39 countries where new coal power plants are still in the pipeline, the largest capacity additions are planned in India (72 GW), Indonesia (21 GW), Vietnam (14 GW), Russia (12 GW) and Bangladesh (10 GW)."

Comments

TRENDING

Academics urge Azim Premji University to drop FIR against Student Reading Circle

  By A Representative   A group of academics and civil society members has issued an open letter to the leadership of Azim Premji University expressing concern over the filing of a police complaint that led to an FIR against a student-run reading circle following a recent incident of violence on campus. The signatories state that they hold the university in high regard for its commitment to constitutional values, critical inquiry and ethical public engagement, and argue that it is precisely because of this reputation that the present development is troubling.

Was Netaji forced to alter face, die in obscurity in USSR in 1975? Was he so meek?

  By Rajiv Shah   This should sound almost hilarious. Not only did Subhas Chandra Bose not die in a plane crash in Taipei, nor was he the mysterious Gumnami Baba who reportedly passed away on 16 September 1985 in Ayodhya, but we are now told that he actually died in 1975—date unknown—“in oblivion” somewhere in the former Soviet Union. Which city? Moscow? No one seems to know.

UAPA action against Telangana activist: Criminalising legitimate democratic activity?

By A Representative   The National Investigation Agency's Hyderabad branch has issued notices to more than ten individuals in Telangana in connection with FIR No. RC-04/2025. Those served include activists, former student leaders, civil rights advocates, poets, writers, retired schoolteachers, and local leaders associated with the Communist Party of India (CPI) and the Indian National Congress. 

Asbestos contamination in children’s products highlights global oversight gaps

By A Representative   A commentary published by the International Ban Asbestos Secretariat (IBAS) has drawn attention to the challenges governments face in responding effectively to global public-health risks. In an article written by Laurie Kazan-Allen and published on March 5, 2026, the author examines how the discovery of asbestos contamination in children’s play products has raised questions about regulatory oversight and international product safety. The article opens by reflecting on lessons from the COVID-19 pandemic, noting that governments in several countries were slow to respond to early warning signs of the crisis. Referring to the experience of the United Kingdom, the author writes that delays in implementing protective measures contributed to “232,112 recorded deaths and over a million people suffering from long Covid.” The commentary uses this example to illustrate what it describes as the dangers of underestimating emerging threats. Attention then turns...

The kitchen as prison: A feminist elegy for domestic slavery

By Garima Srivastava* Kumar Ambuj stands as one of the most incisive voices in contemporary Hindi poetry. His work, stripped of ornamentation, speaks directly to the lived realities of India’s marginalized—women, the rural poor, and those crushed under invisible forms of violence. His celebrated poem “Women Who Cook” (Khānā Banātī Striyāṃ) is not merely about food preparation; it is a searing indictment of patriarchal domestic structures that reduce women’s existence to endless, unpaid labour.

Aligning too closely with U.S., allies, India’s silence on IRIS Dena raises troubling questions

By Vidya Bhushan Rawat*  The reported sinking of the Iranian ship IRIS Dena in the Indian Ocean near Sri Lanka raises troubling questions about international norms and the credibility of the so-called rule-based order. If indeed the vessel was attacked by the American Navy while returning from a joint exercise in Visakhapatnam, it would represent a serious breach of trust and a violation of the principles that govern such cooperative engagements. Warships participating in these exercises are generally not armed for combat; they are meant to symbolize solidarity and friendship. The incident, therefore, is not only shocking but also deeply ironic.

India’s foreign policy at crossroads: Cost of silence in the face of aggression

By Venkatesh Narayanan, Sandeep Pandey  The widely anticipated yet unprovoked attack on Iran on March 1 by the United States and Israel has drawn sharp criticism from several quarters around the world. Reports indicate that the strikes have resulted in significant civilian casualties, including 165 elementary school girls, 20 female volleyball players, and many other civilians. 

India’s green energy push faces talent crunch amidst record growth at 16% CAGR

By Jag Jivan*  A new study by a top consulting firm has found that India’s cleantech sector is entering a decisive growth phase, with strong policy backing, record capacity additions and surging investor interest, but facing mounting pressure on talent supply and rising compensation costs .

Buddhist shrines were 'massively destroyed' by Brahmanical rulers: Historian DN Jha

Nalanda mahavihara By Rajiv Shah  Prominent historian DN Jha, an expert in India's ancient and medieval past, in his new book , "Against the Grain: Notes on Identity, Intolerance and History", in a sharp critique of "Hindutva ideologues", who look at the ancient period of Indian history as "a golden age marked by social harmony, devoid of any religious violence", has said, "Demolition and desecration of rival religious establishments, and the appropriation of their idols, was not uncommon in India before the advent of Islam".