States » EastPosted at: Nov 8 2025 5:49PM


Jharkhand stakes USD 256 billion on post-coal future

Ranchi, Nov 8 (UNI) Jharkhand has outlined a long-term plan to shift its economy from coal dependence to clean industry, estimating a funding need of USD 256 billion (₹21.52 lakh crore) through 2070.
Developed with the Institute for Energy Economics and Financial Analysis (IEEFA), the roadmap details a phased transition covering mine closure, worker support, industrial diversification and large-scale climate finance mobilisation.
Coal contributes almost one-third of Jharkhand’s own tax revenue. With India pursuing net-zero emissions by 2070, the state faces the challenge of protecting its fiscal base and livelihoods while preparing for a low-carbon economy.
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