Gainwell Engineering Partners With World Coal Association For Promoting Sustainable Coal Mining In India
Gainwell Engineering, the manufacturing venture of Gainwell Commosales Private Limited (formerly Tractors India Private Limited), announced its partnership with World Coal Association. The aim of the partnership is the promotion of sustainable coal mining in India. With this partnership, Gainwell becomes only the second organization in India to have partnered with World Coal Association.
Gracing the occasion was Michelle Manook, CEO, World Coal Association, Dipankar Banerjee, Daleen Lopez Ruiz, Sunil Chaturvedi, Chairman, Gainwell Engineering, and Antonios Popaspiropoulos.
Coal demand in India is expected to reach 1.3-1.5 billion tonnes by 2030, up 63 percent from current levels, according to the Economic Survey 2021-22. The partnership also aims to reduce India’s reliance on imported coal mining equipment by manufacturing cutting-edge equipment locally to supplement domestic coal production in a sustainable manner. This will also assist India in lowering its coal import bill and ensuring its energy security.
Gainwell Engineering has forayed into coal mining equipment manufacturing and is setting up a plant in Panagarh, West Bengal. Gainwell Commosales has a rich history of supporting infrastructural progress in India for nearly eight decades and is a proud partner of Caterpillar Construction, Mining, and Power Solutions in India. Gainwell Engineering, with a philosophy of supporting India’s true infrastructural growth, aims to end India’s reliance on imported underground mining equipment and leave a sustainable impact on the environment through the use of clean technology.
Under the current climate change situation, the World Coal Association endorses Responsible Coal Principles, which are based on the principles of the Paris Agreement and the UN Sustainable Development Goals. Gainwell Engineering’s participation in WCA strengthens India’s coal leadership.
For many years, climate change and air pollution have been major concerns. The Indian government has announced a $55 billion investment plan in clean coal over the next decade, putting India at the forefront of the global coal industry.
India, according to Gainwell Engineering and the World Coal Association, has already made a positive impact on the climate change agenda and has the potential to truly revolutionize coal’s future.
Priyanka Dutta