Solution:Korba coalfield is located in Korba district of Chhattisgarh in the basin of the Hasdeo river.India is rich in ancient coal fields like Gondwana coalfields (250 million years old) and tertiary coalfields (15-60 million years old). Coal mining was started during the rule of the East India Company in 1774 in the Raniganj coalfield along the western bank of the Damodar river. To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal.
In India, the energy transition away from coal is not happening in the foreseeable future. Although there will be a push for renewable/non-fossil-based energy, the share of coal in the energy basket is going to remain significant in the years ahead. Coal demand in the country is yet to peak as the Economic Survey 2021-22 projects coal demand in the range of 1.3-1.5 billion tonnes by 2030, an increase of 63 percent from the current demand. Thus, as of now, there is no scenario of energy transition away from coal affecting any stakeholders involved in coal mining. But India still imports a large amount of coal from outside and many companies have acquired coal mines overseas to ensure a continuous supply. This scenario exists due to the low productivity of coal and other factors like environmental issues affecting the mining activities.
