Russia’s coal reserves are enough to meet demand for more than five centuries and the country sees vast potential for cooperation with India, Russian Energy Ministry Officials here have said.
The new environment-friendly and safe coal mining hubs will provide up to 250 million tonnes of additional production capacity by 2025, Russian Energy Minister Alexander Novak said in an article.
Russia is one of the leading coal suppliers to India by volume, Novak, who holds the rank of Deputy Prime Minister in the Russian cabinet, said.
Russian coal production totalled 443.5 million tonnes in 2024, with 196.2 tonnes exported.
In the article published in the latest issue of Energy Policy magazine, Novak writes that by 2050, the industry will be made up of high-tech, modern enterprises operating under strict environmental standards.