Central Coalfield Ltd (CCL) plans to start new projects for coal mining in Jharkhand, India.
"We will start mining of coal over a stretch of 34 000 acres of land in Jharkhand and land authentication process is on," said CCL's Chairman-cum-Managing Director, Gopal Singh.
Progress of land authentication work is reported to be monitored by Jharkhand Chief Minister Raghuvar Das and Chief Secretary of Jharkhand, Rajiv Gauba.
Singh has stated the unit will recruit 17 000 people in the next two years.
To save hundreds of millions of people from poverty it is necessary to use more coal, along with the best combustion technologies, and more renewable sources.
El Nino related weather patters in South and Southeast Asia are boosting demand for coal, raising benchmark prices in Australia by 8% since the beginning of June.