Indian state-owned coal mining company Coal India Ltd (CIL) plans to develop 55 new coal mines with a combined capacity of 92 Mt/year and to expand 193 existing mines with a combined capacity of around 310 Mt/year in the next five years. These projects are expected to boost coal production in India, which reached 725 Mt in 2018. CIL has also introduced technology to improve the operational efficiency of coal mining in open cast mines; in the fiscal year 2018-2019, half of CIL's opencast coal production was carried out through surface miners. In addition, CIL is seeking to supply part of its coal from higher grade coal sources, in an attempt to reduce coal imports.
According to the Ministry of Energy of Russia, modernising the country's energy infrastructure should cost at least RUB250bn (US$3.9bn) through 2024, including the development of its power transmission grid with the addition of 6,000 km of new power lines and more than 3,500 MVA of transformer capacity. In the power generation sector, Russia plans to upgrade 41 GW of thermal power plants to cut the cost of power generation and to commission 4 GW of new power generation capacity. Overall nearly RUB 157bn (US$2.5bn) will be invested in the construction or modernisation of thermal power plants in the country. These investments are expected to support the growth of electricity consumption in Russia (estimated at 6% between late 2018 and late 2024). Russia also expects the renewable power capacity to increase by 890 MW in 2019 and by more than 900 MW in 2020.
The State of Gujarat (Western India) aims at increasing its renewable power capacity from the current 9.7 GW to 30 GW by 2022. The existing renewable power capacity of Gujarat is divided between wind (6.9 GW) and solar (2.6 GW). In September 2019, the State Government of Gujarat decided to no longer give clearance to new thermal projects. Gujarat's thermal installed capacity reached 22.3 GW in July 2019 with coal-fired capacity representing 14.2 GW.
OPEC has released its World Oil Outlook 2019, including long-term projections and assessment for the global oil and energy industry. According to the OPEC, total primary energy demand would increase by 25% between 2018 and 2040. Even if gas should post the largest demand growth through 2040 in absolute terms (renewable energies should have the highest growth in percentage terms), oil would remain the most consumed fuel in the global energy mix, with oil demand reaching 110.6 mb/d by 2040.